E78 Partners has announced the acquisition of Seattle-based NextLevel for an undisclosed sum.
It revealed over 100 operating executives with expertise spanning finance, operations, technology, sales and marketing, human resources and governance are set to join E78 Partners immediately.
According to the firm, the transaction is the most recent in a series of “strategic acquisitions” that have positioned E78 as one of America’s “foremost” providers of professional solutions to the private capital industry.
Over the past year, E78 said it has acquired three companies: 9Gauge, an Austin-based firm specialising in serving the needs of private equity funds and portfolio companies; Agile Fund Solutions, a provider of institutional-quality outsourced consulting services; and Stride Accounting Solutions, a finance-as-a-service firm.
John Signa, E78’s founder and CEO, said: “With NextLevel, E78 gains a direct foothold in the burgeoning Northwest and West Coast markets and ensures that E78 clients have access to the premium talent and outsourced services they need to ensure every challenge faced is transformed into a value-creating opportunity.”
Seth Deutsch, E78’s chief growth officer, added: “As we move through the remainder of 2021 and into 2022, we will continue to make strategic acquisitions that enrich and expand the suite of services we currently offer while organically growing our existing set of offerings.”
Chuck Gottschalk, NextLevel founder and CEO, said: “Beyond having a complementary approach to solving problems, NextLevel gains an expanded set of services, access to even more expertise and an aligned team focused on optimizing processes, catalyzing performance and building enterprise value for clients.”