Berkshire Global has been a registered broker dealer since 2003
Home / transaction / Berkshire Global Advisors Acted As Exclusive Financial Advisor to The Riverside Company
Berkshire Global Advisors Acted As Exclusive Financial Advisor to The Riverside Company
  • has agreed to acquire
  • Berkshire Global Advisors Acted As Exclusive Financial Advisor to The Riverside Company

  • Date: April 2024
  • Sector: Private Markets - Real Estate / Assets
  • Sub-Sector: Real Estate
  • Region: North America
  • Seller Details:

    The Townsend Group (“Townsend”) is a 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. Townsend is a leading adviser to global public and private pension plans, insurers, sovereign wealth funds, endowments and foundations. The firm advises clients with real assets in excess of $218 billion (USD).

    Buyer Details:

    The Riverside Company is a global investment firm focused on being one of the leading private capital and credit options for middle market businesses by seeking to fuel transformative growth and create lasting value. 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.

    Transaction Summary:

    The transaction represents a successful outcome for all stakeholders as part of Aon’s portfolio management strategy. Townsend’s prior history as a standalone business will help to ensure a swift and effective transition to its new partners.

    PRESS RELEASE