E78 Partners (“E78”), a Chicago-based private equity sponsor focusing on lower-middle market specialty businesses, announces the formation of the firm. Founded by John Signa, Adam East and Gary Modrow, E78 seeks to make control investments in niche companies focused on business process outsourcing, professional services, healthcare services, building services, and specialty manufacturing and distribution companies within the Midwest. The E78 team has wide ranging experiences leading companies through various growth events, including financial recapitalizations, add-on acquisition strategies, targeted business development campaigns, back-office development, and management reorganizations.
E78 has extensive expertise in deal sourcing, strategic planning, execution of value creation plans, executive recruiting, fund and corporate finance, acquisition integration, and corporate governance. In addition, the firm continually seeks to engage industry executives and operating partners to help implement growth strategies, infrastructure development, and operational improvement. Uniquely, E78 principals often serve in interim leadership roles to ensure value creation strategies are executed from day one.
“We seek to partner with and augment experienced management teams to implement business-improvement strategies focused on infrastructure development, technology leveraged business process efficiency, and leadership team development. We look to execute on growth strategies such as the addition of new products and services, as well as new market entry,” added Managing Partner John Signa.