#United States #New York #Ascend Partners #InnoFin Solutions #Oracle EPM

Ascend Partners Agrees to Acquire InnoFin Solutions

In the ever-evolving world of financial management, Ascend Partners, a premier expert in transforming the Office of the CFO, is making headlines with its recent acquisition of InnoFin Solutions. This strategic move aims to bolster their capabilities in digital transformation, particularly for commercial entities and government organizations across North America.

June 1, 2026, marked the announcement of this acquisition, framing a new chapter for both companies involved. Ascend Partners is recognized as a OneStream Diamond Partner, while InnoFin Solutions has established itself as a leader in implementing Oracle's Enterprise Performance Management (EPM) solutions. The merging of these two firms symbolizes a potent combination of resources and expertise, specifically tailored to meet the diverse needs of the market.

Strengths of the Two Firms

The effectiveness of this alliance rests on the unique strengths of each organization. Ascend Partners has a strong focus on serving commercial clients in Canada and the U.S., particularly in industries such as real estate, manufacturing, mining, and higher education. On the other hand, InnoFin Solutions has carved out a niche in the public sector, specifically K-12 schools, state governments, and local city organizations. This depth of experience aligns perfectly with Ascend’s goals to widen the scope of its operations and client services.

According to Kim Jenkins, the founder of InnoFin, “InnoFin helps organizations across the public sector access and implement the same quality of financial technology as the largest global enterprises.” Becoming part of Ascend will enable InnoFin to provide even greater support to the institutions they serve while augmenting Ascend's approach with rich experience tailored specifically for government and educational communities.

The Growing Importance of EPM Software

Recent years have witnessed a significant surge in the demand for Enterprise Performance Management software. Organizations, both public and private, are compelled to adapt quickly to rapidly changing conditions, while also maintaining accuracy in critical budgeting operations. This leads to an increasingly pressing need for implementation partners specializing in software solutions capable of addressing these challenges now more than ever.

Platforms like OneStream and Oracle's EPM suite are transforming how businesses manage their financial processes, making it essential for experts like Ascend and InnoFin to respond swiftly to this demand. The new collaboration aims to deliver a unified solution that brings the benefits of advanced EPM insights to both sectors.

Commentary from Ascend's Leadership

Peter Popalis, Co-Founder of Ascend Partners, highlights the growing complexity that CFOs are now grappling with. He states, “The complexity facing CFOs and finance leaders is only growing, and the platforms they rely on are evolving just as fast.” The strengths of InnoFin within the Oracle ecosystem not only bolster Ascend’s current capabilities but also lay down a track for future growth in an ever-shifting industry landscape.

Colin Sawford, another Co-Founder, remarked on InnoFin’s impressive track record, especially within the U.S. public sector. He expressed enthusiasm regarding their joint efforts to assist more companies and governmental bodies in enhancing their financial management practices.

Conclusion

As Ascend Partners and InnoFin Solutions combine their forces, the outlook for digital transformation in financial management looks promising. This strategic acquisition not only deepens technological and operational expertise but also serves to reinforce a commitment to excellence in every project undertaken. The future holds exciting possibilities for better financial governance driven by state-of-the-art EPM solutions, ensuring both commercial and public sector organizations can thrive in the face of change.

This merger marks a pivotal moment in the advancement of financial technologies, setting a new standard for how organizations can navigate their budgeting and planning processes effectively and efficiently.