Deal will see CVC take on stake in Teneo acquired by BC Partners in 2015
Deal will see CVC take on stake in Teneo acquired by BC Partners in 2015
Talks about a possible investment in global public affairs consultancy APCO by the US group Teneo have ended, PRWeek has learned, with APCO’s executive chair Margery Kraus saying the firm has a “few preferred options” for its future
Teneo, which is headquartered in New York, also acquired Blue Rubicon and StockWell in July, making financial and corporate comms agency Pendomer its third UK acquisition
The acquisition of Blue Rubicon and StockWell by Teneo Holdings last week has sent shockwaves through the industry. The scale of the ambition is huge: to set up a global City and crisis shop to challenge stalwarts such as Finsbury and Brunswick
Transaction represents major expansion of Teneo’s global operations, doubling company headcount to more than 500 employees worldwide