March 1, 2022 - E78 Partners Announces Strategic Acquisition of FP&A Firm Cadilus
Acquisition adds depth in FP&A services and technology.
OAK BROOK, IL – (March 01, 2022)–E78 Partners, a leading provider of finance- and accounting-related solutions to the private capital industry, announced today that it has acquired Cadilus Inc., a Richmond, Virginia-based company offering consulting, managed services and technology in the area of financial planning and analysis (FP&A).
Terms of the acquisition, which became effective February 28, 2022, were not disclosed.
“The addition of the talented Cadilus team and its powerful DataPAx technology platform, coupled with E78’s in-depth understanding of private equity and portfolio company operations, will enable us to serve the market with the most comprehensive portfolio-monitoring solutions available,” said John Signa, E78 Partners Founder and CEO.
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After experiencing remarkable growth since our founding in 2018, we’re excited to join the E78 family. Our shared vision, values, and focus on delivering value for our clients will only be strengthened through a broader portfolio of services and deeper bench of expertise.
The acquisition is the first following an investment in E78 in December by funds advised by Further Global Capital Management, a private equity firm focused on financial services businesses.
“Our investment in E78 is intended to accelerate its growth and expand its service offering and geographic footprint,” said Max Baumrin, a Further Global partner. “The acquisition of Cadilus is consistent with that plan, and we see the partnership as leading to even more successful solutions for the private equity marketplace.”
About Cadilus Inc.
Cadilus is an enterprise FP&A services company and operating partner offering a full suite of consulting and managed services to help organizations manage and optimize business performance.
About E78
E78 partners with portfolio companies and their financial sponsors to deliver enterprise solutions that improve the efficiency and performance of their finance operations. E78 provides a comprehensive suite of accounting, finance, technology, outsourcing and cost management solutions that improve performance, drive growth and help achieve clients’ goals. The company was founded in 2016 and has more than 350 senior professionals. For more information, visit e78partners.com.
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