EisnerAmper has announced it is undertaking a restructuring following a strategic investment in the firm by investment management group TowerBrook Capital Partners.
Through the “significant” capital infusion, the group will drive a range of long-term growth initiatives to “exponentially” enhance client service.
These include accelerating the evolution of service offerings, investing in talent and technology, and strategically expanding through organic and M&A activity.
Moreover, EisnerAmper LLP will provide attest services, while Eisner Advisory Group LLC is set to provide business advisory and non-attest services moving forwards.
Charly Weinstein, CEO at the company, said: “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.
“We’re supremely confident that now is the right time for this forward-looking move, and we’re excited about the future opportunities this creates for our clients, our communities and our team.”
Jonathan Bilzin, co-president and MD at TowerBrook, added: “EisnerAmper’s commitment to providing industry-leading services has helped it to build a large, long-term client base that is continuing to grow.
“We see a significant opportunity for the business to increase the pace of that growth with the help of TowerBrook’s resources and relevant experience.”