In the Press
May 12, 2023

Dealwatch: Goodwin Advised TowerBrook on its Latest Acquisition (Legal Business)

Goodwin’s London Private Equity team advised TowerBrook on its latest acquisition. Christian Iwasko discussed TowerBrook’s acquisitions of Envevo and TXO with Legal Business: ‘These deals are significant because they are the first two investments by TowerBrook’s new impact fund, TowerBrook Delta. Delta invests in businesses that are making a positive impact around the world.' When asked about market prospects, Iwasko said: ‘European private equity activity is picking up. People around the City were talking about writing off 2023 earlier in the year, but that is not the case. I am seeing increased activity in a number of sectors.’ Michelle Tong added: ‘In addition to the uptick in LBO activity, we are also seeing traditional private equity sponsors continue to be quite creative in how they are deploying capital, such as through minority investments and structured equity.’