A partner from acquisition to success
The client E78 Partners was engaged to plan and implement integration and process improvements for a $50MM revenue private equity-backed healthcare IT company. The sponsor acquired a $50MM revenue carve-out from a large, multinational conglomerate. The challenge The company had limited in-house finance, technical accounting, or treasury skills. The company had never been audited (out-of-scope […]
Delivering a range of data, IT and operational solutions pre- and post-close to establish a new regional leader in healthcare
The client U.S. Orthopedics Partners was created by the Thurston Group, a Chicago-based private equity firm focused on investments in the healthcare market space, in cooperation with FFL Partners, a San Francisco-based private equity firm, as a management services organization to provide a range of administrative and management functions essential to the success of contemporary […]
Rapidly growing SaaS company optimizes its data to revamp financial strategy, operations
The client ESO Solutions is a SaaS company in the pre-hospital and emergency department software space to improve community health and safety nationwide. For over a decade, ESO has connected and empowered emergency service providers through the power of data. After the company closed a Series C round of financing in 2016, the team focused […]
Resolving post-acquisition cultural and operational issues for future success
The client The management cultures of the two firms were challenging to align productively. Key stakeholders of the acquired company were resistant to adopting a number of the acquiring firm’s core philosophies. A series of organizational, operational and process issues severely threatened the acquisition’s success. Several critical internal business processes at the acquired firm were […]
Healthcare company seeks new financial systems to keep up with growing consumer base
The client At the end of 2019, Liberty Software, Inc. experienced a period of rapid growth that was outpacing their current financial and accounting solutions. As their customer base grew, they needed to implement a new Enterprise Resource Planning (ERP) system that would help them streamline their cash flow and mitigate manual errors. Liberty Software […]
Successful integration realizes value of $4 million a year ahead of schedule
The client This was the first major acquisition where they had to migrate IT systems and build a new interface to connect the acquired company’s front-end to the bank’s existing back-end. The two entities operated across two time zones and more than 1,100 miles, further complicating the process. The acquiring bank’s IT organization had limited […]
E78 Boosts Texas Publication’s FP&A with Workday Adaptive: Streamlined Budgeting, Scenario Planning & Automated Accounting
Bio research company strengthens its financial function to enable rapid growth
The client A company that facilitates bio research had grown in revenues at an annual rate of 35 percent over the previous seven years, but its finance organization had not kept pace with its growth. The challenge The finance organization consisted of a CFO and four staff with no controller. With large pharmaceutical companies as […]
International manufacturing companies combine to rapidly grow market share
The client A private equity group spun off a non-core subsidiary of one of its holdings. The subsidiary is a U.S. manufacturer, marketer and distributor of outdoor recreational products. The challenge Shortly after the spinoff, the private equity group acquired a complementary Canada-based company and combined the two entities. The intent was to grow market […]
E78 executives in roles of interim CEO and CFO drive turnaround success for a company in the infrastructure construction industry
The client A Private Equity firm with a long history of success acquired a market leader in the Heavy Rigging, Machinery Moving and Millwrighting business. To meet competitive pressures the acquired company entered a related but capital-intensive business via a joint venture with a large international corporation. The company then dramatically increased its labor cost […]
