TENEO ACQUIRES KPMG'S CAYMAN AND BRITISH VIRGIN ISLANDS RESTRUCTURING BUSINESS
NEW YORK, LONDON and HONG KONG, Jan. 5, 2022 /PRNewswire/ -- Teneo, the global CEO advisory firm, today announced the acquisition of KPMG's Cayman and British Virgin Islands ('BVI') restructuring business.
- NEW YORK, LONDON and HONG KONG, Jan. 5, 2022 /PRNewswire/ -- Teneo, the global CEO advisory firm, today announced the acquisition of KPMG's Cayman and British Virgin Islands ('BVI') restructuring business.
- KPMG's Cayman and BVI restructuring business, comprising over 25 professionals, will add specialist expertise in local and international restructuring, insolvency, e-Discovery and forensic technology services to Teneo's global Financial Advisory offering.
- As part of the transaction, Kris Beighton, the former leader of KPMG's Cayman and BVI restructuring business, will join Teneo as Chairman of Teneo's offshore restructuring business.
- Daniel Butters, CEO of Teneo's Financial Advisory business,said: "The acquisition of KPMG's Cayman and BVI restructuring business represents the next milestone on our journey to build the leading global restructuring practice and wider financial advisory offering.