Eisner Advisory Group and TowerBrook Capital Partners L.P. have completed a continuation vehicle transaction led by Carlyle AlpInvest, with funds managed by Hamilton Lane serving as co-lead alongside other investors.
The transaction extends TowerBrook’s investment in EisnerAmper and is intended to support the firm’s continued expansion, including investments in talent, service offerings and technology initiatives.
EisnerAmper first partnered with TowerBrook in 2021 in one of the earliest private equity investments in a top 20 U.S. accounting firm. Since then, the firm has grown to become the 13th largest accounting firm in the U.S., with more than $1.2 billion in revenue, 475 partners and 4,700 professionals across 43 offices and nine countries. The firm has completed 27 acquisitions since 2021.
“Our partnership with TowerBrook has been transformational in helping us add many talented colleagues to our firm and broaden the services and solutions we deliver to clients. As we look ahead, with TowerBrook’s continued support, we’re focused on continuing to evolve our firm by investing in our people, enhancing our capabilities, and leveraging innovation to meet the increasingly complex needs of our clients,” Charly Weinstein, CEO of Eisner Advisory Group, said.
“We’re excited about the progress achieved alongside Charly and the management team and remain confident about the opportunity ahead as we continue to support EisnerAmper as it enters its next chapter,” Jonathan Bilzin, managing partner and co-CEO at TowerBrook, said.
Walter Weil, managing director at TowerBrook, added: “While we’ve accomplished much in our first four-plus years, the long-term opportunity continues to be as robust as ever, and we’re excited to continue our partnership with EisnerAmper as we build toward our goal of creating an end-to-end conduit of professional services for our valued clients.”
