News

E78 Partners Announces Strategic Acquisition of Private Equity-Focused Finance and Accounting Firm Outliers LLC

Outliers expands E78’s suite of services, addressing the finance and accounting challenges middle-market PE-backed companies face.

OAK BROOK, IL (June 12, 2023) – E78 Partners, a leading provider of finance, accounting and technology solutions for middle-market businesses and financial sponsors, announced today that it has acquired Outliers LLC, a Michigan-based firm providing finance and accounting services to private equity portfolio companies such as post-merger integration services, interim and fractional CFOs, FP&A, QOE lite, and distressed and turnaround services. Terms of the transaction have not been disclosed.

Outliers will operate as part of E78’s Leadership & Transaction Services business unit, which offers highly technical and strategic interim CFO services, executive search, and transaction execution services. 

“We are delighted to welcome Dan Stankey, his Partners, and the entire Outliers team to E78 Partners. The leaders of Outliers bring significant experience as CFOs of private equity portfolio companies and understand the complexities of upgrading finance and accounting functions post-transaction close,” said John Signa, founder and CEO of E78 Partners. “This is the eleventh acquisition that E78 has made over the past three years and is a highly strategic acquisition that will expand our solutions for PE-backed companies.” 

“Our acquisition is a strategic move that further empowers our clients to optimize their Finance and Accounting operations by leveraging the highly skilled and experienced interim CFOs from Outliers. In this challenging financing environment, operational excellence isn’t just an option, it’s a necessity,” said Jonathan Kern, Chief Development Officer at E78 Partners. “By integrating Outliers’ exceptional capabilities into our own, we’re equipping our clients with the resources, knowledge, and tools they need to turn challenges into opportunities. We’re not just helping them survive the current climate—we’re helping them thrive.”

E78 Partners, backed by PE sponsor Further Global, follows a vigorous acquisition strategy to reinforce its leadership position in the middle-market and private equity sectors. We actively pursue collaborations with entrepreneurial businesses that resonate with our vision and augment our existing offerings. Prioritizing partners that share our client-focused ethos and deliver value to their clients is key. As we incorporate these strategic acquisitions, our goal is to broaden our capabilities and consistently provide superior services to our clients.

Share

Joining forces with E78 Partners was a strategic decision for us at Outliers. We recognized that together we could provide an enhanced service to our clients and extend our reach to new markets.

“Joining forces with E78 Partners was a strategic decision for us at Outliers. We recognized that together we could provide an enhanced service to our clients and extend our reach to new markets,” said Dan Stankey, CEO of Outliers. “E78 shares our commitment to client success and our vision for delivering exceptional financial and operational solutions. This collaboration allows us to leverage E78’s expansive resources and industry expertise, significantly enhancing the value we deliver to our clients and propelling us towards our goal of being industry leaders in finance and accounting services.”

More information about E78 can be found at E78partners.com. More about Outliers LLC is available at https://outliersllc.com/

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 450 senior professionals. For more information, visit e78partners.com.

Media Contacts & Inquiries

Press Inquiries
Scott Raspa
Head of Marketing
[email protected]

M&A Inquiries
Jonathan Kern
Chief Development Officer
[email protected]