Celebrating Success: A Strong Start to 2025 for the Office of the CFO at East 57th Street Partners
At East 57th Street Partners, we are kicking off 2025 with incredible momentum! As we reflect on January’s successes, we want to highlight some of the transformational engagements our team completed—many of which began in Q4 of 2024—as well as express our gratitude to the E57 100 team members and strategic partners who make it all possible.
From interim CFO and Controller leadership to technical accounting, turnaround, and transaction execution, our team consistently delivers execution-focused finance leadership for private equity-backed companies.
Success Stories: Completed Engagements from January 2025
? Interim CFO Leadership for a High-Growth Healthcare Company (Dallas, TX) We placed an interim CFO at a multi-location urgent care provider following a PE acquisition, stabilizing financial operations, optimizing revenue cycle management, and implementing cash flow forecasting. This engagement also included a GAAP-compliant reporting transition, positioning the company for a future strategic exit.
? Technology & Transformation Advisory for a National Logistics Provider (Chicago, IL) Our team advised the CFO and CTO of a mid-market logistics & supply chain company on ERP selection and implementation, integrating multiple acquisitions into a single financial reporting system. The result? 25% increased efficiency, improved visibility across distribution centers, and fewer reporting errors.
? Turnaround & Restructuring for a Distressed Industrial Manufacturer (Dallas, TX) A PE-backed heavy equipment manufacturer engaged us to stabilize cash flow, restructure debt, and implement cost-cutting measures. Our interim CFO successfully renegotiated financing terms and developed a profitability improvement plan, ultimately avoiding a Chapter 11 filing.
? Technical Accounting Support for a SaaS Company Preparing for Exit (Austin, TX) We worked alongside the CFO of a $150M ARR software company to ensure compliance with ASC 606 (Revenue Recognition) and ASC 842 (Lease Accounting). By implementing new financial close procedures, we reduced the monthly close cycle from 12 days to 5 days, making due diligence seamless as the company prepared for a successful sale.
Gratitude for Our Team: The Driving Force Behind Our Success
What a fantastic start to 2025 it has been—not only with these completed engagements but also with new engagements just kicking off!
We cannot thank our strategic partners and E57 100 team members enough. Your dedication and expertise are the foundation of our success.
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Today, we would like to highlight one of our outstanding team members:
?? Robert Idzi, CMA, CSCA – A valued member of E57 Partners for over 5 years! Bob, your commitment to sourcing strategic partners and delivering excellence in interim CFO & Controller roles, technical accounting, and transaction execution is unmatched. Your consistency, expertise, and leadership play a vital role in our firm’s continued growth. Thank you for everything you do—it is a privilege to have you on our team!
A Big Thank You to Our E57 100 Team!
To all our E57 100 team members—you are the driving force behind our success. Your hard work and commitment enable us to serve our clients at the highest level, and we are grateful for each of you.
?? What’s Next? Stay tuned tomorrow as we highlight some of the exciting new engagements our team kicked off in January 2025!
?? Want to learn more about how we can support your finance function?
Connect with Joseph Kirchon | Chief Financial Officer
?? Main: 214-823-6440 | Cell: 856-394-3843