TowerBrook invests in EisnerAmper

by Krystal Scanlon 3 August 2021

Global business advisory firm EisnerAmper has received a significant investment from TowerBrook Capital Partners. 

EisnerAmper provides comprehensive audit, accounting, advisory, consulting and tax services as well as analytical insights to clients. The firm’s client base includes financial institutions, start-ups, global public firms, mid-market companies, HNWIs, family offices, not-for-profit organisations and entrepreneurial ventures across various industries. Most of EisnerAmper’s clients are US-based or US business interests of foreign entities.

The fresh capital will be used to drive EisnerAmper’s long-term growth initiatives. These include accelerating the evolution of service offerings, investing considerably in talent and technology, as well as expanding via organic growth and targeted M&A.

Going forward, EisnerAmper, a licenced independent certified public accountant firm (CPA), provides attest services while Eisner Advisory Group and its subsidiary entities provide tax and business advisory and non-attest services. 

“EisnerAmper and TowerBrook share common goals to provide superior client service, accelerate growth, create value, attract and retain the best and brightest talent, and be responsible corporate citizens,” said Charly Weinstein, EisnerAmper CEO. “Rather than conforming to traditional frameworks, adopting a new model of ownership facilitates the best structure for the firm to drive growth and innovative solutions to our clients.”

For the deal, Deutsche Bank Securities acted as sole financial advisor to EisnerAmper. The bank has also provided committed debt financing in support of the transaction.

Categories: NewsOutsourcingFund administrationTax advisors

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