Announced
Completed
Synopsis
Ocorian, a global provider of fund administration, capital markets, corporate and compliance solutions, completed the acquisition of Fund Solutions business from E78 Partners, a provider of advisory and managed services. Financial terms were not disclosed. "This decision aligns with our long-term vision to focus on our core strengths, drive innovation, and position E78 for sustained growth. The sale of Fund Solutions will allow us to sharpen our focus on our core business and efforts toward scaling our Advisory and Technology Solutions business, while ensuring that Fund Solutions continues to thrive under Ocorian's ownership, with their deep expertise and resources in the investor services space. We are grateful for the hard work and dedication of our Fund Solutions team, who's contributions have been integral to our success. As we move forward, we will work to ensure a smooth transition for our employees, clients and partners," John Signa, E78 CEO.
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