Teneo Acquires Ryan Communication
Significant expansion in Asia through purchase of highly respected strategic consultancy
May 04, 2017, 19:30 ET
NEW YORK and HONG KONG, May 4, 2017 /PRNewswire/ -- Teneo Holdings, the global CEO advisory firm, today announced the acquisition of Ryan Communication, a leading strategic communications firm with operations in Hong Kong, Shanghai and Singapore. The transaction represents a major expansion of Teneo's capabilities in Asia.
Since its launch in 2010, Ryan Communication has emerged as one of Asia's leading strategic communications consultancies and advises some of the largest global companies across a range of business critical issues. The firm's services include corporate and financial communications, issues management, transaction advisory, investor relations, digital and social media, executive training, content marketing and research and insight.
Ryan Communication's senior management team, including Founder and Managing Director Damien Ryan and Executive Director Lauren Chung, will continue in their leadership roles of the business. The business will report to Charles Watson, Chairman of Teneo International. Teneo will combine the Ryan operations, which includes a significant presence in Greater China and Southeast Asia, with Teneo's existing teams in Hong Kong and Singapore, creating a powerful new force in Asia.
"Our acquisition of Ryan Communication is transformational for Teneo's business in Asia as we continue to grow our operations around the world. This transaction ensures that we can continue to provide our clients with an ever-growing range of capabilities in this strategically important region," said Declan Kelly, Chairman and CEO of Teneo. "We have great respect for what Damien and team have done in building such a successful business in three critical markets and we are proud to welcome our new colleagues to Teneo."
"We are excited to join Teneo, which is reshaping the global advisory landscape. Our two companies share the same approach to addressing client challenges as both our cultures and values are aligned. Our teams of highly skilled professionals across Asia are excited to be part of the next stage of Teneo's growth," said Damien Ryan, Managing Director at Ryan Communication. "The compelling combination of talent and expertise creates a dynamic platform, enabling our clients to better navigate an increasingly complex and high-growth region."
Teneo has now completed 7 acquisitions since the firm was founded in 2011.
ABOUT TENEO:
Teneo is a global advisory firm that works exclusively with the CEOs and leaders of the world's largest and most complex companies providing strategic counsel across their full panoply of key objectives and issues. Comprised of the most senior talent, we work collaboratively to solve the most complex issues. Our teams integrate the disciplines of strategic communications, investment banking, management consulting, business intelligence, talent development, digital analytics, corporate governance, government affairs and corporate restructuring to solve for the most complex business and reputational challenges and opportunities. The Firm was founded in June 2011 by Declan Kelly, Doug Band and Paul Keary and now has more than 570 employees located in 14 offices around the world. For more information on Teneo, please see www.teneoholdings.com.
SOURCE Teneo Holdings