Cushnoc Group

What Cushnoc Group does

The Cushnoc Group, LLC is a privately-held US professional services firm that delivers outsourced finance, accounting, and administrative services to growth-stage and lower middle market operating companies. Its core offering is a tiered engagement model spanning CFO-Level, Controller-Level, and Staff Accounting services, anchored by GAAP-compliant financial reporting designed for professional management teams and Boards of Directors. The firm specializes in serving portfolio companies of Institutional Investors and Search Funds, typically structuring engagements around change-of-control transactions and institutional mid-stage funding rounds. Service delivery rests on proprietary accounting templates and methodologies developed over years of client engagement, supplemented by a vendor and specialist network that lowers client costs. The firm is led by two principals: Geoffrey Flagg, CPA (Managing Partner and CFO; ex-BDO Seidman, ex-CFO of Rentech) and Evan Persky (Partner and CFO; $500M+ in closed M&A and financing transactions, active board member and angel investor), both working as senior thought partners to client leadership.

Name

Cushnoc Group

Legal name

The Cushnoc Group, LLC

Website

https://cushnocgroup.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Cushnoc Group is a US private professional services firm providing outsourced CFO, controller, and staff accounting services on a multi-year basis to portfolio companies of institutional investors, search funds, and lower middle market operating companies.

Ownership category

akta.pro rank

Product category

Outsourced Finance and Accounting Services

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Management Consulting Services (54161)

SIC

Finance Services (6199), Services-Management Consulting Services (8742)

akta.pro primary industry

Fixed Assets Accounting (Capitalization, Depreciation, Asset Register) (BPAAAGAF)

Keywords

• Outsourced accounting services
• Financial reporting services
• Cfo advisory services
• Controller-level consulting
• Private equity portfolio services

Headquarters

HQ city

Mason

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others, Technology or R&D

Revenue model

1. Outsourced Finance and Accounting Services: Long-term outsourced finance and accounting engagements structured to support client success. Services include financial reporting, accounting support, and thought partnership. Business model based on long-term success of clients - the firm succeeds when clients succeed.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Cushnoc Group provides outsourced finance, accounting, and administrative services to growth companies and portfolio companies of institutional investors and search funds. Engagements deliver fully auditable GAAP-compliant financial reporting for professional management teams and Boards of Directors, structured around change-of-control transactions and institutional mid-stage funding rounds. Service delivery is tiered across CFO-Level, Controller-Level, and Staff Accounting capabilities, delivered by senior professionals acting as an extension of the client's team.

Product overview

Cushnoc Group is a single, unified outsourced services firm providing finance, accounting, and administrative support. The company offers tiered service levels (CFO-Level, Controller-Level, and Staff Accounting) that work together as an integrated engagement model, with GAAP-compliant financial reporting as the core deliverable. Additional services include principal co-investing capabilities for select clients. The firm specializes in serving portfolio companies of Institutional Investors and Search Funds, delivering services through a team of experienced professionals who act as thought partners to management teams and Boards of Directors.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Successfully served as outsourced CFO for multiple private equity and venture capital backed companies
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• RSM US: Large US accounting and consulting firm with a dedicated middle market focus and outsourced finance/accounting service lines, frequently competing for PE-backed portfolio company engagements as one of many services in its portfolio.
• Resources Global Professionals: Large global consulting firm specializing in outsourced accounting, finance, and back-office project resources for public and private companies, including PE portfolio companies - overlaps with Cushnoc's outsourcing model at larger scale and broader geographic reach.
• Plante Moran: Major US accounting, tax, and business consulting firm serving middle market and PE-backed clients with outsourced finance leadership and accounting services, overlapping with Cushnoc but operating at significantly greater scale.
• BDO USA: Top-tier US accounting and advisory firm where Cushnoc's Managing Partner Geoffrey Flagg previously worked; offers outsourced CFO/controller/accounting support to PE-backed middle market clients as part of a much broader assurance, tax, and advisory portfolio, making it a broad incumbent rather than a direct specialist.
• Cherry Bekaert: Top-30 US accounting and advisory firm with a strong middle market and private capital practice offering outsourced CFO, controllership, and accounting services comparable to Cushnoc's tiered model, but as part of a broader audit/tax/advisory portfolio.

Direct peers

• Preferred CFO: Fractional and outsourced CFO/accounting firm serving growth-stage and lower middle market companies - the closest direct peer to Cushnoc by service mix (CFO/controller/staff) and target customer (PE-backed and venture-backed operating companies).
• Aventine Hill Partners: Boutique outsourced CFO and accounting advisory firm serving PE-backed, family-owned, and growth-stage companies - near-identical service portfolio and target customer profile as Cushnoc.
• CFO Consulting Partners: Outsourced CFO, controller, and accounting services firm providing senior finance leadership to growth companies and PE-backed platforms - directly comparable tiered service model and customer base to Cushnoc.
• Anchor Group (CFO Services): Outsourced CFO, controller, and full-charge bookkeeping practice focused on small and middle market companies - directly competes for the same fractional finance engagements as Cushnoc.

Emerging players

• Pilot: Tech-enabled outsourced bookkeeping, controllership, and CFO service for venture-backed startups - a partial-overlap emerging player applying a software-plus-services model to the same outsourced finance niche Cushnoc serves, though with greater focus on venture rather than PE/search fund clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cushnoc-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cushnoc Group