Press Release
May 1, 2024

Townsend Holdings Sold to Riverside

The Asset Management Transactions group advised the management team of Townsend Holdings in connection with the sale of Townsend by Aon Consulting to a consortium of private equity and strategic investors led by The Riverside Company.  

Townsend is leading provider of global real estate and real asset investment advisory services and offers complementary investment management, advisory and capital solutions via primary funds, secondaries, co-investments and direct investments. They provide advisory services to a diverse group of global institutional investors, including public and private pension plans, insurers, sovereign wealth funds, endowments and foundations.

Riverside is a global investment firm focused on being one of the leading private capital and credit options for business owners and portfolio company employees at the smaller end of the middle market. Since its founding in 1988, Riverside has made more than 1,000 investments. The firm's international private equity and flexible capital portfolios include more than 140 companies.

The Goodwin team was led by Tom LaFond, Harry Brown and Marissa Menakaya.

For additional details on the acquisition, please read the press release.