Acquisition adds new solutions to help clients aggregate network connectivity services and reduce IT spend
OAK BROOK, Ill. — June 13, 2024 — E78 Partners (“E78”), a leading provider of advisory, talent, and managed solutions that address the critical finance, technology, and transformation challenges faced by asset managers, private equity sponsors, and corporate leaders across the middle-market through Fortune 500 companies, announced today that it has completed the acquisition of The Avail Group, an IT advisory firm that designs, deploys, integrates, and manages complex lifecycle technologies including network and cloud, wireless and data, connectivity, IP, and virtualization. The acquisition will strengthen E78’s strategic channel sourcing and advisory practice, adding over 90 years of IT services experience and access to an ecosystem of strategic global relationships with providers across the spectrum of IT services. Terms of the private transaction were not disclosed.
Based in Middletown, New Jersey, The Avail Group has direct relationships with over 100 of the world’s largest network connectivity providers, enabling them to design, deploy, and manage mission critical IT systems and private networks for global enterprises. For companies with distributed networks, The Avail Group can aggregate network providers and become a single point of contact for their management, allowing businesses to significantly reduce their IT spend. The firm serves over 100 large global enterprises including Fortune 500 companies, leading financial institutions, and healthcare organizations.
We couldn’t be more excited to join E78, which has built a world-class, best-in-breed advisory team that already serves major brands such as Nike, Williams Sonoma, and Patagonia,” said Guy Even-Chen, Partner at The Avail Group.
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By joining forces with E78 we will be able to bring our unique solution set to a wider base of clients than ever before and provide our existing clients streamlined access to E78’s full range of services.
The Avail Group will operate as a service line under E78’s Strategic Sourcing and Advisory Practice within the Technology Business Unit, which is focused on increasing client profitability by eliminating technology and communications overspend while optimizing voice, data, wireless, and related IT systems. The Avail Group’s services will be immediately available to all E78 clients via the company’s existing advisory services practice and recently launched Nexus Marketplace.
“It has never been harder for companies to properly evaluate, deploy, and manage the increasingly complex suite of technology platforms they have at their disposal,” added Scott Marrone, EVP of Strategic Sourcing at E78. “The Avail Group are IT blackbelts, with the depth of experience to help companies thoughtfully architect and execute strategies that improve the ROI of their technology services.”
“We have remained one of the fastest growing companies in the U.S. by continuously investing in the capabilities and talent that let us deliver wins for our clients, while ensuring that we can provide them with the expertise they need going forward,” added John Signa, Founder and CEO at E78. “Industries such as financial services and healthcare have unique and elevated needs when it comes to their digital infrastructure, which both E78 and The Avail Group are well equipped to manage.”
The Avail Group is E78’s 14th acquisition since its inception in 2016.
About E78
E78 delivers advisory, talent, and managed services that address the critical finance, technology, and transformation challenges faced by PE sponsors and corporate leaders across the middle market through Fortune 500 companies. We are more than just consultants; we are a trusted partner in the trenches, partnering with our clients in a collaborative manner to accelerate value creation. Beyond a broad array of thoughtfully integrated service offerings, E78 brings deep sector and functional experience to each engagement. Our expert teams, led by seasoned corporate executives, excel in combining the elements of visibility and control to enable agile, cost-effective, and profitable growth.
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