Armanino Consulting Buys Illinois-based AccessTek

Armanino Consulting, the technology arm of San Ramon, Calif.-based Armanino McKenna (FY11 net revenue of $84.02 million), has purchased Naperville, Ill.-based AccessTek, an Intacct channel partner.

On Sept. 1 AccessTek effectively becomes part of Armanino. All employees will be retained and chief executive Lindy Antonelli will become a partner. The acquisition is part of Armanino’s plan to improve its cloud practice area, which includes representing products from Intacct and Adaptive Planning and, with the purchase, cloud-based social CRM and association management software vendor Avectra.

“This is two great Intacct practices combining into one, but it’s about more than just one solution,” says Armanino COO and partner Matt Armanino. “It’s about the vision of what cloud financial solutions are going to be and how to position ourselves as a leading provider of those solutions.”

The AccessTek deal took nearly a year to complete. Over the past two years, Armanino has acquired or merged in OneSource, Factory IMS and Gateway Solutions. Armanino Consulting currently represents Dynamics GP, AX, Intacct, Avectra, QlikView, Adaptive Planning and EASi.