PRESS RELEASES

Accruit Elects new Board Chairman
09/19/19
Denver, CO – August 19, 2019 Accruit, a national leading qualified intermediary and back-office managed service provider of 1031 like-kind exchanges announced multiple board ...
Authored by: Anonymous
Authored on: Thu, 09/19/2019 - 14:57
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<p><b>Denver, CO – August 19, 2019 </b>Accruit, a national leading qualified intermediary and back-office managed service provider of 1031 like-kind exchanges announced multiple board appointments today.</p>

<p>Joseph C. Lane, who has been on the board of directors at Accruit since September 2007, accepted a new role of Chairman of the Board of Directors. Joe currently also serves as Vice Chairman of Napier Park Global Capital, a $12 Billion Private Equity and Asset Management firm in New York and London. Previously, Joe served as CEO of GATX Capital, CEO of IBM Global Financing, CEO of GE Technology Finance, Chairman of the Equipment Leasing and Finance Association, Director of the Mentor Network of the Yale University Entrepreneurial Institute, and currently sits on multiple governance and advisory boards of both corporate and philanthropic entities.</p>

<p>Previous board Chairwoman Katherine A. Reed was honorably elected Chair Emeritus. She will continue to be engaged in Accruit’s progress, and will take a more active role in her hometown community of Santa Fe, New Mexico. Kathie served as Chairwoman of Accruit since 2007.</p>

<p>“Kathie set a vision of growth for our company and led our Board through some of our fastest growth years.&nbsp; We are grateful for all that she has done for both our company and our investors.&nbsp; Accruit is taking this opportunity to expand our board and bring fresh perspectives to our business. &nbsp;In our continued efforts for board expansion, Joe wishes to further leverage Kathie’s vision by incorporating diverse backgrounds and views which propel company growth”, said Brent Abrahm, President and CEO of Accruit.</p>

<p>Sandy MacPherson and Brent Abrahm were both re-elected to the board in the latest vote.</p>

<p>Sandy MacPherson joined the Accruit Board of Directors in 2016, bringing with him thirty years of experience in marketing and growth for both, Fortune 500 companies, as well as early stage start-ups.<a name="_Hlk19537619"></a></p>

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<p><a name="_Hlk19537619"><b>About Accruit:</b></a></p>

<p>Since 2000, Accruit has helped thousands of businesses and individuals defer taxes on investment property, nationwide. Through the use of its cloud-based technology, Accruit – a top qualified intermediary, enables law firms, individual investors, and banks to have complete transparency into their transactions anytime, via any device. Accruit’s staff boasts attorneys and tax experts to handle the most complex transactions. The company’s leadership team is nationally renowned for their contribution, support and advocacy in the IRC section 1031 of the federal tax code. <u5:p></u5:p></p>

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Wed, 03/10/2021 - 01:25
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Accruit Poised for Growth with New Key Leadership Hires
07/18/19
Accruit, a national leading qualified intermediary and back-office managed service provider of 1031 like-kindexchanges announced two new leadership hires today. Britton ...
Authored by: Anonymous
Authored on: Thu, 07/18/2019 - 16:00
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<p>Accruit, a national leading qualified intermediary and back-office managed service provider of 1031 like-kind exchanges announced two new leadership hires today.&nbsp;</p>

<p>Britton Goldman joined Accruit in a newly created role of Controller, to strengthen and automate Accruit’s finance, treasury and accounting processes. With eleven years of experience in both public accounting and finance roles, he has held a variety of senior finance roles at GE within Digital, oil &amp; gas and real estate divisions. Britton is a certified public accountant in Texas. He received his Master of Science and a Bachelor of Administration in Accounting from Texas Tech University.</p>

<p>Hired as Accruit’s new Head of Marketing, Elina Manevich brings sixteen years of marketing experience from the Silicon Valley tech scene. In the past, Elina has led marketing for several fintech companies, as well as blockchain startups. Having relocated to the Bay Area from the former Soviet Union at the age of ten, Elina is fluent in both Russian and English. She is a graduate of the University of San Francisco and holds a Bachelor of Science degree in marketing.&nbsp;</p>

<p>“We are excited to welcome Britt and Elina to Accruit. Accruit is fulfilling our commitment to company growth and unparalleled service to our clients through powerful hires and continued leadership in the 1031 exchange space,” said Patrick Frawley, CFO and COO of Accruit.</p>

<p>In addition to the new hires, Accruit’s CEO Brent Abrahm will now take on the roles of both, President and CEO, and Patrick Frawley will take on the roles of CFO and COO.&nbsp;</p>

<p>“Accruit’s newest hires coupled with strategic role expansions within the senior leadership team, sharpen Accruit’s laser focus on market share growth in the years to come,” said Brent Abrahm, President and CEO of Accruit.&nbsp;</p>

<p><strong>About Accruit:</strong></p>

<p>Founded in 2000, Accruit is the only premium, 1031 qualified intermediary which utilizes cloud-based technology to ensure the safety and security of customer data. Accruit enables investment property owners, title companies and law firms to have complete transparency into their transaction anytime via any device. Accruit’s deep expertise and over 100 years of combined industry experience in the 1031 exchange space, uniquely positions the company to handle transactions of any complexity, including forward and reverse exchanges. Accruit’s leadership is comprised of 1031 exchange experts, nationally renowned for their contribution and advocacy in the 1031 exchange arena.</p>

Wed, 03/10/2021 - 01:24
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Accruit Divests Ownership and Use of PaySAFE Name
05/22/19
Accruit, LLC announces today that it has divested its ownership and the use of the name and mark PaySAFE.
Authored by: Anonymous
Authored on: Wed, 05/22/2019 - 20:43
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<p>Denver --&nbsp; Accruit, LLC announces today that it has divested its ownership and the use of the name and mark PaySAFE. Should Accruit choose to offer future transactions similar to those previously provided under the PaySAFE name, those transactions will be managed under the mark and name of Accruit or other entity not utilizing the name PaySAFE.</p>

Wed, 03/10/2021 - 01:25
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Accruit Targets Long Term Growth with Addition of CFO Pat Frawley
08/23/18
Accruit announces addition of CFO, Pat Frawley, whose career includes financial leadership roles at technology, ecommerce and venture capital companies.
Authored by: Anonymous
Authored on: Thu, 08/23/2018 - 13:36
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<p><b>DENVER –</b> <a aria-label="Accruit, Independent 1031 Exchange Qualified Intermediary" href="https://www.accruit.com/&quot; title="Accruit, Independent 1031 Exchange Qualified Intermediary">Accruit</a>, a financial technology company that manages more than $8 billion in money flow annually, has announced the addition of Pat Frawley as the company’s Chief Financial Officer. Frawley has over <span style="background:#fdfdfd"><span style="color:#111111">30 years’ experience in accounting and finance at organizations ranging from early-stage to multi-national businesses</span></span>.</p>

<p>“We are thrilled to welcome Pat to our executive team. His background and experience will immediately provide insight and direction around revenue, expense and deployment of capital to continue promoting our financial technology strategy and bolster Accruit’s long-term value,” said Accruit President Karen Kemerling. “As our CFO, Pat will play a lead role in identifying and executing targeted growth opportunities such as acquisitions, partnerships and strategic alliances.”</p>

<p>Frawley, a veteran of the United States Air force, spent nine years with Liberty Global, the world's largest international television and broadband company. At Liberty Global he progressed from senior director of consolidations and reporting to vice president of accounting and finance operations with Unitymedia, the company's $3 billion German cable division. Pat’s career includes holding a variety of financial leadership roles at technology, ecommerce and venture capital companies.</p>

<p>“I am very excited to join Accruit and support the company’s long-term plans for growth. This is a team whose core values of accountability and teamwork are reflected in the world-class products they provide to the market, “ said Frawley.</p>

<h2><span style="tab-stops:268.0pt">About Accruit</span></h2>

<p><span style="tab-stops:268.0pt">Accruit, LLC is a financial technology company that facilitates all types of commercial and individual transactions as a trusted independent escrow agent and qualified intermediary. Accruit specializes in 1031 like-kind exchange services and escrow, including Digital Vault, an escrow solution for digital assets, and PaySAFE®, providing protection to buyers and sellers in online transactions. Learn more about <a aria-label="Paysafe" href="https://paysafeescrow.com/&quot; title="Paysafe">PaySAFE®</a>.</span></p>

Fri, 05/20/2022 - 15:19
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Accruit Focuses on Accelerating Growth with Addition of Industry Marketing Veteran to its Advisory Team
05/24/18
Accruit has engaged Larry Drury of Drury Marketing Group to lead the company’s marketing efforts as it expands its ...
Authored by: Anonymous
Authored on: Thu, 05/24/2018 - 04:12
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<p><b>DENVER, CO –</b> Accruit, a financial technology company that manages more than $8 billion in money flow annually, has engaged Larry Drury of Drury Marketing Group to lead the company’s marketing efforts as it expands its services and accelerates its growth. Drury has over 25 years of marketing experience across B2B and B2C business models in multiple industries with a focus on high-growth, financial technology companies.</p>

<p>“We are pleased to have Larry join us as we enhance our marketing capabilities and chart the next chapter of growth for Accruit,” said Accruit CEO Brent Abrahm. “Larry is initially focused on marketing efforts related to our most recent acquisition, PaySAFE®, a service that helps buyers and sellers confidently complete financial transactions.”</p>

<p>Drury has deep and relevant experience in building global marketing ecosystems that drive reputation, revenue and margin. Most recently, he was Chief Marketing Officer at Vantiv (now Worldpay), and prior to that he was CMO at First Data. He also served nearly seven years at Visa, where he held variety of domestic and global executive brand and marketing roles. Before that, Drury was CEO of the Americas for FutureBrand, a global brand consultancy.</p>

<p>“In the short time that I have been with Accruit, I’ve been impressed with the quality of products and engineering they’ve both developed and acquired. The outstanding feedback from customers and partners alike is a testament to the organization, technology and customer service that Accruit and PaySAFE® have at their core. It’s exciting to work with talented individuals who care deeply about the differentiated service they provide to the market, and I look forward to accelerating their growth through the awareness and engagement programs we will put in place. “</p>

<h2><span style="tab-stops:268.0pt">About Accruit</span></h2>

<p><span style="tab-stops:268.0pt">Accruit, LLC is a financial technology company that facilitates all types of commercial and individual transactions as a trusted independent escrow agent and qualified intermediary. Accruit specializes in 1031 like-kind exchange services and escrow, including Digital Vault, an escrow solution for digital assets, and PaySAFE®, providing protection to buyers and sellers in online transactions. Learn more about <a aria-label="Paysafe" href="https://paysafeescrow.com/&quot; title="Paysafe">PaySAFE®</a>.</span></p>

Fri, 05/20/2022 - 15:21
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Accruit Expands Real Estate Division with Addition of Veteran Attorney, Jordan A. Born, J.D., LL.M.
01/30/18
Born brings extensive experience in like-kind exchanges and escrow to Accruit where he will continue this work with EVP and ...
Authored by: Anonymous
Authored on: Tue, 01/30/2018 - 19:24
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<p><span style="font-size:11.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">Accruit, LLC, a financial technology company specializing in escrow and 1031 exchange services,</span></span><span style="font-size:11.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif"> is pleased to announce the addition of Jordan Born as</span></span><span style="font-size:11.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif"> Associate General Counsel</span></span><span style="font-size:11.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">.</span></span></p>

<p><span style="font-size:11.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">Jordan has worked primarily in real estate law since obtaining his LL.M. in 2006. In 2011, he started his own practice where he advised and represented individuals, business entities, lenders, borrowers, landlords and tenants in all matters related to commercial and residential real estate. He is an active member of the Illinois State Bar Association and the Chicago Bar Association.</span></span></p>

<p><span style="font-size:11.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">“Jordan’s extensive knowledge in exchanges and escrow will be a boon to Accruit as we grow our base in these areas and expand into new financial technology arenas</span></span><span style="font-size:11.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">,</span></span><span style="font-size:11.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">" said CEO, Brent Abrahm. “We’re very excited to have him on board.”</span></span></p>

<p><span style="font-size:11.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">Jordan brings a wealth of practical experience in both like-kind exchanges and escrow. At Accruit, he will continue this work alongside Accruit EVP and General Counsel, Martin Edwards. When asked about his new role at Accruit, he said, "I am very pleased to join the Accruit team and work with our clients to ensure their satisfaction and devise durable solutions."</span></span></p>

Wed, 03/10/2021 - 01:24
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