Value Creation: Operating Model - Managing Director

CFGI announces acquisition of BAO Consulting Group, enhancing Dallas market presence. Oct 07, 2026, 09:15 ET Joining forces creates opportunities to deepen relationships, broaden services, and expand market presence. BOSTON, Oct. 7, 2026 /PRNewswire/ - CFGI, a global accounting and business advisory firm, announced the acquisition of BAO Consulting Group (BAO), a highly complementary organization with shared expertise across Office of the CFO services and a client-first, relationship-driven approach. The combination establishes a meaningful presence for CFGI in the Dallas market and strengthens its ability to serve management teams and private equity sponsors on their most important accounting, transaction, and business improvement priorities. Since its founding in 2021, BAO has built a rapidly growing advisory business in Dallas and Houston, with capabilities in accounting and finance advisory, CFO and controller support, financial planning and analysis, finance transformation, systems implementation, and transaction-related services. BAO's growth has been driven by strong client relationships, repeat engagements, and referrals, reflecting the strength of its team and reputation in the market. These strengths are highly complementary to CFGI's existing delivery model and create significant opportunities to broaden the range of services, enhance client experience, and expand the firm's presence across Texas. "Joining CFGI is a natural next step for BAO. We built this firm on strong client relationships and a high-touch approach, and CFGI shares that commitment. Being part of a scaled, international organization gives our team a broader suite of capabilities, greater delivery capacity, and the resources to accelerate our next phase of growth," said Ben Amstein, Co-founder and Chief Growth Officer at BAO. "BAO has built an outstanding reputation in Texas through the strength of its people and its client relationships. This is exactly the kind of firm we want to join forces with," said Nick Nardone, Co-CEO of CFGI. "We are delighted to welcome the BAO team to CFGI." Together, CFGI and BAO will be well positioned to pursue larger and more complex engagements, address a broader range of client needs, and create new professional opportunities for employees across the firm. CFGI, a Carlyle and CVC Capital Partners portfolio company, is a leading global independent accounting and business advisory firm to the CFO and Private Equity firms. With a team of over 1,400 professionals serving thousands of clients across 30+ offices in the Americas, Europe, and Asia Pacific, CFGI partners with management teams, finance leaders, and private equity sponsors on their most critical regulatory, transaction, and business improvement priorities. Learn more at www.CFGI.com. SOURCE CFGI

Sweep and CFGI announce strategic partnership to help enterprises navigate sustainability reporting with confidence. * Last updated - April 14, 2026 News announcement This strategic partnership combines Sweep's market-leading sustainability intelligence platform with CFGI's finance, accounting, and ESG expertise, ensuring quality non-financial information for effective decision-making and regulatory compliance. Together, Sweep and CFGI will help enterprises meet growing sustainability reporting requirements with audit-ready data and processes. The partnership brings together Sweep's technology platform for sustainability data management with CFGI's deep expertise in technical accounting, internal controls, regulatory compliance, and ESG program management. The result is a complete solution that ensures you can capture and manage your data to meet your regulatory requirements and support your strategic objectives. As CFOs and finance leaders face mounting pressure to deliver on growing compliance demands, such as CSRD, IFRS S1/S2 and California SB 253/SB 261, organizations need more than guidance on simply what's required. More than ever, they need technology and processes that: can handle data complexity; meet audit standards; scale with the growth in data volumes; and keep up with regulatory change. This partnership addresses each of these challenges. Sweep's enterprise-grade sustainability intelligence platform gives organizations the infrastructure to collect, manage, and report sustainability data with the granularity and traceability that auditors and regulators expect. Sweep supports comprehensive value chain emissions tracking, meets industry-standard reporting frameworks, and delivers the data quality and controls that finance teams require. CFGI brings end-to-end sustainability capabilities, supporting clients across the full ESG lifecycle. The company works alongside management to translate continuously-evolving ESG requirements into practical, scalable solutions. CFGI does this whilst building clients internal capabilities so that their combined work can continue to be taken forward. The outcome is sustainability information that is decision-useful, credible and audit ready while building robust foundations for long-term value creation. Rachel Delacour, CEO and cofounder of Sweep said: "Finance leaders are on the front line of sustainability reporting, and they need solutions built for their standards - audit trails, data integrity, and regulatory precision. CFGI understands the compliance and assurance requirements that CFOs and controllers are managing, and together we can give them both the strategic guidance and the technology platform to get it done. This partnership is particularly well-suited to the US and European markets, where organizations are balancing CSRD extraterritorial scope and California mandates all at once." Chris Docherty, Head of ESG Advisory at CFGI adds: "Sustainability reporting is continuing to move from voluntary to being mandated by an increasingly complex regulatory landscape. Organizations need confidence that their data, processes and controls will stand up to regulatory and assurance scrutiny. Partnering with Sweep allows us to combine deep ESG, accounting and controls expertise with a robust, enterprise-grade technology platform. Together, we help teams move beyond interpretation of requirements to operationalise them - building audit-ready sustainability data and governance that supports compliance, decision-making and long-term business resilience." About Sweep Sweep is the enterprise sustainability intelligence platform trusted by the world's leading companies and financial institutions. Its saas solution helps organizsations meet complex reporting requirements, map environmental impact across their value chain, and strategically implement sustainability strategies that deliver business value. Sweep delivers transparent, granular, and actionable data-backed insights. Its platform empowers decision-makers to identify regulatory and climate risks, engage their supply chain, design robust ESG transition plans, and build long-term business resilience. From medium-sized companies to global giants like l'oréal, orange, and crocs, its clients use Sweep to embed sustainability at the core of their operations and stay competitive in a rapidly evolving regulatory and economic landscape. Sweep has been recogniszed by verdantix, IDC, and MEDEF as a leader in sustainability data management. Co-founded by rachel Delacour, yannick chaze, and raphael gueller, Sweep is B corp certified and active members of the world bank's carbon pricing leadership coalition, france invest, and the international emissions trading association. About CFGI. CFGI is a leading international accounting and business advisory firm, supporting public and private organisations across all industries. CFGI offers a full suite of solutions for all critical matters facing the office of the CFO and investors, including technical and operational accounting, finance transformation, tax, risk advisory, audit readiness and ESG advisory. Comprised of former big 4 professionals and with no audit practice, CFGI provides the responsivity and bespoke solutions of a boutique advisory with the top tier expertise and international scale of the world's leading professional services firms. CFGI's ESG advisory practice focuses on providing practical support to organisations that delivers regulatory compliance and strategic value. Sweep deliver projects in tandem with client teams in ways that make sense for that specific team and organisation. Sweep support clients across all aspects of their sustainability journey including regulatory mapping and compliance; report preparation, operating and governance models, process and control development, risk and materiality assessments, GHG accounting, transition planning, assurance readiness and platform implementations. Drawing on its broader finance and accounting capabilities, CFGI helps organisations embed sustainability into their businesses in a way that is scalable, audit-ready and aligned to strategic decision-making. Sweep can help. Sweep makes sustainability work for your business. Not the other way round. Sweep connect all your sustainability data and turn it into business intelligence to help you unlock performance - from compliance and risk reduction, all the way to cost-savings, and market differentiation. With Sweep, you can: * Lower costs through real-time tracking and insights * Strengthen supply chains with end-to-end visibility and engagement * Deliver audit-ready sustainability and climate reporting with confidence * Make sustainability intelligence available to everyone to optimize the business See how Sweep can help you on your sustainability journey