Hamilton Lane Co-Leads Continuation Vehicle Transaction for EisnerAmper
The transaction, led by Carlyle AlpInvest, represents a significant realization event for TowerBrook Fund V and is a strong endorsement of EisnerAmper’s long-term growth potential
NEW YORK — TowerBrook Capital Partners L.P. (“TowerBrook”) today announced the completion of a continuation vehicle (“CV”) transaction in connection with its investment in Eisner Advisory Group LLC (“EisnerAmper”), a leading accounting, tax, outsourcing, and business advisory firm serving middle-market clients and HNWIs across the U.S. The transaction provides optional liquidity to existing investors while enabling TowerBrook to continue its successful partnership with EisnerAmper. Carlyle AlpInvest led the transaction, with funds managed by Hamilton Lane serving as co-lead alongside participation from syndicate investors.
As a result of a carefully developed thesis in Professional Services with the increasing relevance of technology and consolidation trends, TowerBrook partnered with EisnerAmper in 2021 in what was the first major private equity partnership with a top 20 U.S. accounting firm. Since then, the firm has worked closely with management to drive transformational growth, significantly scaling its platform and capabilities through a combination of organic initiatives, strategic acquisitions and continued investment in talent, technology, and advisory services.
With TowerBrook’s support, EisnerAmper has completed 27 add-on acquisitions and made meaningful investments in its technology platform and AI capabilities to enhance operating efficiency and client service delivery. EisnerAmper has also expanded its offerings within higher-value advisory services, including fund administration, outsourcing and wealth management, while continuing to deepen its core tax and assurance capabilities. Today, EisnerAmper offers a broad and diversified suite of services and has established a strong competitive position among super regional firms. Since the partnership began, EisnerAmper has grown to become the 13th largest accounting firm in the U.S., with more than $1.2 billion in revenue.
The transaction marks a significant realization for TowerBrook Fund V, delivering liquidity to investors and EisnerAmper partners while underscoring confidence in the company’s performance and long-term outlook. It also positions the firm for its next phase of growth, with a focus on further scaling its platform, expanding service capabilities, advancing technology and AI initiatives, and executing on a robust pipeline of strategic acquisitions.
Walter Weil, Managing Director at TowerBrook, commented, “Our original investment thesis for the accounting sector proved to be true. Yet without the right partner, realizing the opportunity behind that thesis would have been impossible. Our collective focus with management on key value drivers has entirely been centered on improving the day-to-day of the amazing partners at EisnerAmper, and through that focus ultimately ensuring the highest quality of service for our clients. While we have accomplished much in our first four-plus years, the long-term opportunity continues to be as compelling 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 middle- and lower-middle-market companies.”
Jonathan Bilzin, Managing Partner, Co-CEO at TowerBrook, added, “Our partnership with EisnerAmper reflects our strategy of collaborating with leading businesses to accelerate growth and build scaled, differentiated and technology-enabled platforms. EisnerAmper is a clear example of that approach in action. We are excited about the progress achieved alongside Charly and the management team and remain confident about the opportunity ahead as we continue to support the firm in its next chapter.”
Charly Weinstein, CEO of EisnerAmper, commented, “Our partnership with TowerBrook has been transformational in helping us expand the business and broaden the solutions we deliver to clients. As we look ahead, with TowerBrook’s continued support, we remain focused on evolving our platform by investing in our people, enhancing our capabilities and leveraging innovation to meet our clients’ increasingly complex needs.”
Michael Hacker, Partner at Carlyle AlpInvest, said, “This transaction reflects our focus on investing in market-leading companies. In partnership, TowerBrook and EisnerAmper have built a differentiated business, and we’re pleased to support them in the next phase of growth.”
Ken Binick, Co-Head of Direct Equity Investments at Hamilton Lane, said, “We are proud to partner with TowerBrook and EisnerAmper as the company enters its next chapter of growth. EisnerAmper’s experienced leadership team and proven ability to drive organic growth and execute strategic acquisitions uniquely position the firm to capitalize on significant opportunities ahead.”
Moelis served as lead financial advisor, and Deutsche Bank served as co-lead financial advisor on the transaction. Kirkland & Ellis LLP served as legal advisor to TowerBrook. Dechert LLP served as legal advisor to EisnerAmper.
About EisnerAmper
EisnerAmper, one of the largest business consulting firms in the world, is comprised of EisnerAmper LLP, a licensed independent CPA firm that provides client attest services; and Eisner Advisory Group LLC and its subsidiary entities, an alternative practice structure that provides business advisory, tax and non-attest services in accordance with all applicable laws, regulations, standards and codes of conduct. Clients are in all sectors and leverage a complete menu of service offerings. Our combined entities include approximately 475 partners and 4,700 employees.
For more information, please visit eisneramper.com, and be sure to follow us on X, LinkedIn, and Instagram.
About TowerBrook
TowerBrook is a modern value investor focused primarily on transforming services businesses across four sectors in Europe and North America: business services, consumer products and services, financial services and healthcare. TowerBrook champions founders, entrepreneurs and management teams as they grow and transform their companies, helping them become long-lasting leaders in their industries. Informed by deep industry expertise, the firm develops theses and then targets and invests with intentionality to build portfolios that deliver meaningful customer and shareholder value, and have a positive impact on society.
TowerBrook invests through private equity, structured opportunities, growth and impact, and strategic partnerships, offering flexibility across the capital structure, and has $28 billion of assets under management. TowerBrook takes an entrepreneurial, multinational, single-team approach and since inception in 2001, has invested in more than 120 companies on both sides of the Atlantic.
TowerBrook is the first mainstream private equity firm to be certified as a B Corporation, demonstrating leadership in commitment to responsible business practices.
For more information visit www.towerbrook.com
About Carlyle AlpInvest
Carlyle AlpInvest is a leading global private equity investor with $102 billion of assets under management and more than 700 investors as of December 31, 2025. It has invested with over 380 private equity managers and committed over $114 billion across primary commitments to private equity funds, secondary transactions, portfolio financings, and co-investments. Carlyle AlpInvest employs more than 290 people in New York, Amsterdam, Hong Kong, London, and Singapore. For more information, please visit carlyle.com.
About Hamilton Lane
Hamilton Lane (Nasdaq: HLNE) is one of the largest private markets investment firms globally, providing innovative solutions to institutional and private wealth investors around the world. Dedicated exclusively to private markets investing for more than 30 years, the firm currently employs approximately 780 professionals operating in offices throughout North America, Europe, Asia Pacific and the Middle East. Hamilton Lane has $1.0 trillion in assets under management and supervision, composed of $146.1 billion in discretionary assets and $871.5 billion in non-discretionary assets, as of December 31, 2025. Hamilton Lane specializes in building flexible investment programs that provide clients access to the full spectrum of private markets strategies, sectors and geographies. For more information, please visit our website or follow us on LinkedIn.