After thirty-three years as part of Connolly, LLC, the management team from the Commercial Division of Connolly has established a successor business which is known as Cost & Compliance Associates (C&CA). The transaction was enabled when the Connolly Commercial team approached Advent International — not long after their acquisition of Connolly — in order to discuss a spin-out, via acquisition, of the commercial business. After finalising terms during December of 2012, the transaction was finalised immediately before the end of the year. C&CA continually serves our long-time clients via the same delivery teams, utilising the same intellectual property and templates, as well as tools. C&CA also has continued to service our clients from offices within North America and in Europe. Service delivery continues to include both Accounts Payable as well as Contract Compliance Auditing. Relying on years of successful audit delivery, with all accompanying knowledge repositories and IP, continuing and consistent excellence in service delivery can be anticipated. The principals of C&CA look forward to continuing their business relationships with their numerous Fortune Global 500 clients — now with a singular focus placed on service delivery excellence.
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