The 2020 Fastest Growing Firms: Element78 Partners

Consulting: What were the main factors that contributed to your firm's exceptional growth?

Signa: Exceptional client service and subject matter expertise from our talented team has contributed to client referrals and revenue growth trajectory.

Consulting: How is this year shaping up for your firm?

Signa: Our business model is built on delivering mission critical business process outsourcing and interim leadership, on-demand. During these unprecedented times, our clients need comfort and assurance in knowing our team is still capable of delivering on our value proposition. In the first half of 2020, we've nearly doubled the size of our team from 22 FTEs to almost 50 FTEs and there's no sign of slowing down from here. We anticipate adding 15 – 20 employees to our team before the end of the year.

Consulting: How would you describe your firm's outlook for 2021? Where do you see the most opportunities?

Signa: We see tremendous opportunities within private equity. Our firm is committed to serving the PE community and has tailored its service offerings to meet the accounting, financial and technology needs of private equity funds and, the portfolio companies they invest in. Outsourcing non-core business processes, such as fund administration or accounting, is a trend that will certainly continue given the value proposition. Advancements in technology, especially cloud-based enterprise solutions, provide businesses with tremendous optionality today. One option, is to outsource business processes, such as accounting, to rms like ours that have invested in enterprise accounting software and accounting professionals that cannot only process your transactions but provide you with invaluable insights on your business operations, in a much more cost effective and timely fashion. Our firm is well-positioned to capture market share, as businesses are being transitioned to the next generation, who is far more technologically advanced than their predecessors and in favor of this paradigm shift.

Consulting: What would you say are your firm's biggest challenges in 2021?

Signa: Scaling and integrating firms that we've merged with over the last twelve months and the ones we plan to partner with over the next twelve months.

Consulting: What does being named a Fastest Growing Firm mean to your firm, employees and clients?

Signa: We could never achieve this growth or recognition without our dedicated employees or clients. Our team's ability to focus first on understanding our clients' biggest pain points and desired outcomes in order to provide solutions that create value has been the key to our success. We are incredibly grateful for the opportunities to serve our clients and accept this recognition in their honor.