Kirkland & Ellis LLP advised GTCR, a leading private equity firm, in its definitive agreement to sell its interest in The Townsend Group to NorthStar Asset Management Group (NYSE: NSAM), a global real estate asset management firm. The Townsend Group is a leading provider of global investment management and advisory services focused exclusively on real estate and real assets. The details of the transaction were not disclosed. The full release can be found here.
The Kirkland team included corporate partners Stephen Ritchie, Ryan Harris, Chris Thomas and Dan Guerin and associates Lauren Dragich and Mike Cannell; and tax partner Russell Light and associate Joel Peters-Fransen.