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New Hampshire-based Right Networks Acquires Rootworks

By CIO Applications| Monday, May 11, 2020
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With the acquisition, Right Networks’ accounting firm customers will now have the option of subscribing to Rootworks’ Modern Firm Performance Platform, a solution composed of front-office tools and resources, supported by ongoing guidance and an established peer community, to manage, organize, and execute on all aspects of a Modern Firm

Fremont, CA: Cloud-enabled technology solutions provider for accounting firms and small businesses Right Networks, recently acquired Rootworks, a profession’s premier firm-improvement organization, for an undisclosed amount. With the acquisition, Right Networks’ accounting firm customers will now have the option of subscribing to Rootworks’ Modern Firm Performance Platform, a solution composed of front-office tools and resources, supported by ongoing guidance and an established peer community, to manage, organize and execute on all aspects of a Modern Firm. The platform supports all firms, irrespective of their size, or the technologies a firm has in place.

“As a technology supplier, we’ve been trying to up our game with better solutions,” explained Joel Hughes, CEO of Right Networks. “We continue to see and recognize that firms need support in how and why to use tech and how to execute it, not just how to select it. We needed more capabilities than just our technology.” Right Networks’ position on the buy focuses on deepening its connection to the accounting profession. Post-acquisition, Rootworks will continue to operate as an independent line of business within Right Networks, with founder Darren Root serving as Rootworks GM and Right Networks VP of Market Strategy.

“We’ve been growing rapidly over the last several years, with over 700 member firms today,” Darren Root said of Rootworks. "And we've been evolving on the technology side. We provide a business model for the modern firm, and we help educate firms for that business model, but we also have a platform that helps accountants organize and grow that firm. Being able to leverage Right Networks' long history of solid security and infrastructure and customer service will greatly benefit our member firms."

Right Networks is a provider of cloud-enabled accounting technology solutions for accounting and tax firms, independent accounting professionals, and small businesses. The company combines knowledge and experience in accounting, and tax application best practices, cloud technologies, and US-based 24/7 support. Right Networks counts over 5,000 accounting firms and 180,000 users as clients.

See also: Top Accounting Solution Companies

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