Freshfields advises Teneo on its acquisition of Tulchan
Freshfields Bruckhaus Deringer (‘Freshfields’) has advised Teneo, the global CEO advisory firm, on its acquisition of Tulchan Communications LLP ('Tulchan'), a leading independent M&A, financial and corporate communications advisory firm based in the UK and Singapore.
The transaction is unconditional and is expected to close by the end of January 2023.
The Tulchan senior team will all be joining Teneo as part of the transaction and will become part of Teneo’s Strategy and Communications team in London and Singapore, bringing deep expertise in shareholder and stakeholder communications that will strengthen Teneo’s financial and political offering. They will work in partnership with Teneo’s broader integrated team around the world across multiple business segments including Financial Advisory, Management Consulting, Risk Advisory and People Advisory.
CVC Capital Partners ('CVC'), a leading global private equity and investment advisory firm, partnered with Teneo in 2019.
Freshfields advised Teneo alongside U.S. law firm Wachtell, Lipton, Rosen & Katz as co-counsel on the transaction.
The Freshfields team is led by partners Rebecca Ward and Charles Hayes and associates Stephanie Paterson and Jack McIntosh. Tax advice is being provided by partner May Smith and senior associate Emily Szasz. Employment advice is being led by senior associate Nicola Jones and partner David Mendel. IP, IT and commercial advice is being provided by partner David Brooks and associates Rohan Jerath and Jake Allingan.
Partner Alison Kirby-Harris and counsels Stephanie Brown Cripps and Katie Palms are advising on litigation, compliance and sanctions matters, whilst partner Roger Schofield is advising on real estate matters. The antitrust, competition and trade team includes partners Thomas McGrath and Simon Priddis. Insurance advice was provided by partner Lauren Honeyben. Regulatory advice was provided by partner Emma Rachmaninov and counsel Keith Chapman.