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AccounTEC Acquires Georgia-Based Search Financial.


Business Editors

NEW YORK--(BUSINESS WIRE)--Oct. 10, 2000

AccounTEC Inc., a national provider of outsourcing and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
 in accounting, finance and information technology has acquired Search Financial, Inc. Search Financial is a regional provider of accounting, finance and senior level information technology professionals, on an interim, project or direct-hire basis, serving Atlanta's Fortune 500, mid-sized and emerging technology companies.

"We're proud to have Search Financial added to the AccounTEC group of companies. Their level of professionalism is unprecedented in the Atlanta market, every consultant has a 'Big Five' and CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000.  background or an MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 with private corporate experience," says Joe Amella, president and chief executive officer of AccounTEC, Inc. Search Financial's principals, Ted Lekas and Kurt Bonatz, will continue to manage the firm.

"Partnering with AccounTEC and their leading-edge member firms allows us to strengthen our position as the recognized leader in the Atlanta marketplace," says Kurt Bonatz. "This new relationship will allow us to provide enhanced services Enhanced service is service offered over commercial carrier transmission facilities used in interstate communications, that employs computer processing applications that act on the format, content, code, protocol, or similar aspects of the subscriber's transmitted information;  to our clients," adds Ted Lekas.

AccounTEC Inc., headquartered in Hauppauge, NY focuses on the acquisition, consolidation and growth of regional and single-market firms nationwide that provide accounting and information technology services. With six acquisitions completed in the last 19 months, the company has representation in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, Illinois, Texas, Michigan, California, Florida and Georgia. AccounTEC is a partnership of Joseph V. Amella and Chicago-based equity firm GTCR GTCR Glacier Travel and Crevasse Rescue  Golder Rauner.
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Publication:Business Wire
Geographic Code:1USA
Date:Oct 10, 2000
Words:230
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