Frontline Accounting
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Frontline Accounting - overview
Established
2014
Location
Quezon City, -, Philippines
Primary Industry
Outsourcing
About
Frontline Accounting, based in the Philippines, provides premium offshore staffing solutions focusing on accounting, finance, auditing, and administrative services. The company recruits top-tier professionals, ensuring high-quality service delivery for diverse client needs. Founded in 2014 in Quezon City, Philippines, Frontline Accounting specializes in offshore staffing solutions, catering to firms requiring expertise in finance and administration. In February 2021, Sierra Madre acquired an 80% majority stake in the company, while co-founder Mark Cottle continues to lead as CEO.
Frontline Accounting specializes in premium offshore staffing solutions, primarily targeting firms in need of skilled professionals in accounting, finance, auditing, insolvency, and various administrative roles. Their core offerings include access to a highly selective talent pool in the Philippines, focused on top-tier service delivery. Their services cover the entire accounting workflow, from bookkeeping and tax preparation to auditing, complemented by administrative support in marketing, IT, and customer service. This enables businesses to effectively scale operations while reducing overhead costs, with a client base spanning Australia, the United States, and the United Kingdom.
In 2023, Frontline Accounting reported no revenue, and their EBITDA was USD -5,983. 20. Following the acquisition in February 2021, Frontline Accounting plans to utilize the support from their new majority stakeholder to enhance product offerings and expand their market reach. The company is focused on launching new services tailored to emerging market needs, while also expanding into additional regions, targeting firms in Asia and Europe by 2024.
The strategic funding will support these initiatives and further establish their presence in the competitive offshore staffing industry.
Current Investors
Sierra Madre
Primary Industry
Outsourcing
Sub Industries
Recruitment/Executive Search, Offshore IT Services/IT Outsourcing, Human Resources Services, BPO Services, Education & Training Services, Accounting Services
Website
www.frontlineaccounting.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Frontline Accounting - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Frontline Accounting | - |
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