E78 Partners Acquires Tillman PES, LLC

E78 Partners, LLC ("E78") today announced that it has acquired Tillman Private Equity Services, LLC ("Tillman").

Founded in 2014, Tillman is a St. Louis, MO based provider of outsourced fund accounting and operational services to private equity firms across North America. Tillman has extensive experience working with both existing and first-time funds, varying in size and investment strategy. Tillman has a tremendous amount of expertise working with Small Business Investment Companies, developed through years of experience with clients in all stages of a fund's lifecycle.

John Signa, managing partner of E78 commented, "Our group is excited to lead Tillman through the next stage of growth and solidify its position as the go-to firm for private equity solutions. We welcome the Tillman team to our family and are excited to bring our capital and focus to expanding the suite of services to Tillman clients."

"Joe Bartek and the Tillman senior management team have built strong, long-standing relationships with PE clients by providing exceptional client-service and unparalleled fund administration support. I have had the pleasure of working with the team and their clients since late last year to ensure this partnership would provide our clients a seamless transition," noted Gary Modrow, Principal of E78.

Tillman will partner with Element78 Advisors, a professional services firm providing senior-level finance, accounting, and strategic advisory services to middle-market, private equity-owned portfolio companies. Through the business combination, the firms will provide PE sponsors, and their portfolio companies, an unmatched level and breadth of service and expertise.