Teneo completed the acquisition of Bermuda restructuring business of KPMG.

Teneo, a CEO advisory firm, completed the acquisition of Bermuda restructuring business of KPMG, a professional services company. Financial terms were not disclosed. "We are delighted to welcome our new colleagues from KPMG in Bermuda as we continue to build our global financial advisory capabilities. Combined with our recent acquisitions in the Cayman Islands and British Virgin Islands, we offer our clients in-depth financial services insight, technical expertise and bench strength in a critical jurisdiction for many international restructuring and insolvency assignments," Daniel Butters, Teneo CEO.