# Tower Three Partners

Tower Three Partners is a Private Equity based in Greenwich, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Greenwich, United States
- **Region:** North America
- **Address:** Greenwich, CT, United States
- **Founded:** 2007
- **Assets under management:** Undisclosed
- **Website:** www.towerthreepartners.com
- **LinkedIn:** https://www.linkedin.com/company/tower-three-partners

## Regulatory record

- **Reports private funds:** No

## About

Tower Three Partners is a private equity firm that invests in U.S.-based middle market companies. The firm targets equity investments of $50M to $150M with committed capital from institutional investors. Tower Three Partners works with management to implement improvements in growth, strategy, operations, and capital structure.

## Sectors

- Industrial Tech
- Healthcare Services
- Business Services

## People

- William F. Dawson Jr. — Managing Partner & Co-Founder
- James A. O'Donnell — Managing Partner & Co-Founder

## Questions

### Who founded Tower Three Partners and what was their background?

William F. Dawson Jr. and James A. O'Donnell co-founded Tower Three Partners in 2007. Both were previously managing partners at Wellspring Capital Management, a New York middle-market buyout firm. Their move to launch Tower Three reflected a desire to focus on operationally intensive turnarounds rather than leverage-driven deals.

### What investment strategy does Tower Three Partners pursue?

Tower Three targets control investments in middle-market companies with $50 million to $500 million in revenue. The firm specializes in corporate carve-outs, family-business successions, and distressed turnarounds across industrial technology, healthcare services, and business services. Operational improvement is the primary value-creation lever.

### How large is the firm's capital base?

Tower Three closed its debut institutional fund at $450 million in 2011. Limited partners included university endowments, foundations, and public pension systems. The firm has not publicly disclosed a subsequent fund close or current assets under management.

### Does Tower Three maintain a dedicated operating-partner network?

Tower Three has not established a formal operating-partner affiliate or advisory platform — a distinction from peers who built standalone ops groups during the same period. The firm's model relies on the direct involvement of its two named managing partners in portfolio-company governance and operational oversight.

### What is the firm's investment-committee structure?

Dawson and O'Donnell serve as the sole managing partners and hold concentrated investment authority. The two-person decision-making structure is designed for speed, particularly critical for time-sensitive carve-outs and distressed situations where larger investment committees can introduce approval delays.

## Related profiles

- [Tower Research Venture](https://altss.com/profile/tower-research-venture)
- [Town Hall Ventures](https://altss.com/profile/town-hall-ventures)

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Last updated: 2026-06-03T20:00:00.000Z

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