SAN RAMON, Calif., Aug. 14, 2013 (GLOBE NEWSWIRE) -- ArmaninoLLP (www.amllp.com), the nation's 29th largest accounting and business consulting firm and a leading provider of integrated audit, tax, consulting services and technology solutions, today announced a strategic partnership with Continental Stock Transfer & Trust, the 4th largest stock transfer agent in North America. The two firms will partner to offer a full spectrum of equity management and stock issuance and shareholder recordkeeping services for pre-IPO companies. Armanino's Equity Management Solutions practice provides technical accounting expertise along with cloud software implementations and process reengineering for a wide variety of privately-held and public companies. Continental offers a full array of stock transfer services to small and midsize emerging and growth companies.
With the partnership, Armanino will be able to offer transfer agent services as an integrated part of its full equity outsourcing offering. Continental will utilize Armanino as its private company equity administration partner to provide outsourced administration, accounting, consulting and other pre-IPO services. Together, and by utilizing the EASi software solution, the companies offer an end-to-end solution for private companies from start-up to through the IPO process and beyond.
"We're proud to be partnering with Continental, a company that shares the same long-term commitment to growing companies as Armanino," said Matt Armanino, chief operating officer of Armanino and leader of the firm's CFO Advisory Services practice. "Together, we offer a turnkey solution to pre-IPO companies looking to provide best-in-class service to their employees and shareholders."
Armanino provides equity consulting and stock option administration services for year-end, quarter-end or monthly reporting, as well as company transactions, award modifications and Initial Public Offerings. On an outsourced basis, Armanino offers service packages tailored to the needs of growing companies, from automated administration and tracking of awards with EASi to quarterly and annual reporting and technical accounting support.
"We are very excited about the alliance between Armanino and Continental," said Steven Nelson, Chairman and President of Continental. "It pairs together two great organizations with unmatched commitment to tailored, personalized service. Together, and utilizing EASi's software platform, the recognized industry leader, we will be able to offer a complete solution to all of our customers from inception all the way through the IPO process."
About ArmaninoLLP
Armanino LLP (www.amllp.com) is the largest independent accounting and business consulting firm in California and the 29th largest firm in the United States. Armanino provides an integrated set of audit, tax, consulting and technology solutions to companies in the U.S. and globally. The firm helps clients adapt and change in every stage of business from start-up through rapid growth to the sale of a company. Armanino emphasizes smart technology; leading a cloud revolution of financial, operational, sales and compliance tools that are transforming the way companies do business. Armanino extends its global services to more than 100 countries through its membership in Moore Stephens International Limited – one of the world's major accounting and consulting membership organizations. In addition to its core consulting and accounting practices, Armanino operates two other divisions – AMF Media Group (www.amfmediagroup.com) and Financial Horizons (www.financialhorizons.com).
About Armanino's CFO Advisory Services Practice
Armanino consultants provide comprehensive services to the CFO organizations of fast-growing companies, including Microsoft Dynamics Implementation, CFO Advisory and Outsourcing services. The firm's CFO Advisory Services practice brings leading technology solutions to the strategic challenges faced by CFOs. Armanino's CFO Advisory Services include business intelligence; cloud financials; budgeting, forecasting and planning; governance, risk & compliance; valuation services; fraud and forensic accounting; equity management solutions; technical accounting; and executive search. This deep bench of services provided by Armanino's business leaders who have served as CFOs, controllers and FP&A directors helps finance teams to minimize time spent on low-value accounting processes and increase time spent on strategic decision-making.
Continental Stock Transfer & Trust Company
Continental Stock Transfer & Trust is the 4th largest agent in North America, handling more than 1,100 public issues and aggregating more than 2.5 million shareholders. For nearly 50 years the Company has delivered to clients reliability, stability and premier service at an exceptional price. Continental offers a wide array of services, including issuance and transfer of shares, management of restricted and legal transfers, maintenance of stock issuance ledgers and cost basis history, and dividend disbursement and tax reporting as well as corporate action and escrow services. The Company has been ranked the #1 Transfer Agent in North America for each of the past 3 years. For the past 9 years running, industry-wide surveys have found Continental to be the lowest-priced major agent in the United States, delivering an unmatched value to its customers. Learn more at www.continentalstock.com.