New York-based IPA 100 firm Eisner Advisory Group LLC (EisnerAmper) (FY24 net revenue of $1.02 billion) has completed a continuation vehicle transaction with TowerBrook Capital Partners.
The transaction was led by Carlyle AlpInvest, with funds managed by Hamilton Lane serving as co-lead alongside additional syndicate investors. EisnerAmper first partnered with TowerBrook in 2021 in one of the earliest private equity investments in a top 20 U.S. accounting firm.
Since that partnership, the firm has expanded to more than $1.2 billion in revenue, 475 partners and 4,700 professionals across 43 U.S. offices and an international presence in nine countries. It has also completed 27 acquisitions.
Charly Weinstein
The transaction is expected to support continued growth, including investments in talent, expanded service offerings and increased focus on technology and AI initiatives.
“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,” said Charly Weinstein, CEO of Eisner Advisory Group LLC.
“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,” said Jonathan Bilzin, managing partner and co-CEO at TowerBrook.
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.”
