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Riverside Company to acquire The Townsend Group from Aon for further growth

PRIVATEMay 03, 2024

Acquiring Company

Riverside Technology

Acquired Company

The Townsend Group

ClevelandFinancial ServicesReal EstateFinanceReal Estate Investment

Description

The Riverside Company, a global private equity firm, has announced the acquisition of The Townsend Group from Aon plc. The transaction represents a strategic move to support the next phase of growth for The Townsend Group, a leading provider of global real estate and real asset investment advisory services.

Quick answer

Riverside Technology is acquiring The Townsend Group, announced April 29, 2024. Riverside Technology is based in Cleveland, Ohio, United States.

How much did Riverside Technology pay for The Townsend Group?
The deal value was not disclosed.
What does Riverside Technology do?
Riverside Technology, Inc. is a Colorado-based small business with a nationwide team of dedicated environmental engineers and scientists, committed to improving lives through environmental stewardship.
Where are Riverside Technology and The Townsend Group based?
Riverside Technology is based in Cleveland, Ohio, United States.

Source: Fundz verified event record.

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Company Information

Company

Riverside Technology

Location

Cleveland, Ohio, United States

About

Riverside Technology, Inc. is a Colorado-based small business with a nationwide team of dedicated environmental engineers and scientists, committed to improving lives through environmental stewardship. For nearly 40 years, Riverside has provided innovative solutions to harness and apply satellite data to the increasing demand for environmental decision support technologies.

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Frequently asked

Who acquired The Townsend Group?

The Townsend Group was acquired by Riverside Technology, based in Cleveland. The deal was reported on May 3, 2024. Riverside Technology, Inc. is a Colorado-based small business with a nationwide team of dedicated environmental engineers and scientists, committed to improving lives through environmental stewardship. Riverside Technology is privately held.

When did Riverside Technology acquire The Townsend Group?

Riverside Technology's acquisition of The Townsend Group was reported on May 3, 2024. The Riverside Company, a global private equity firm, has announced the acquisition of The Townsend Group from Aon plc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does The Townsend Group do?

Townsend is a leading provider of global real estate and real asset investment advisory services. Townsend offers complementary investment management, advisory, and capital solutions via primary funds, secondaries, co-investments, and direct investments. It is privately held, operating in Financial Services.

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