Announced
Financials
Tags
Pending
Germany
debt advisory
Financial Data and Systems
Acquisition
Majority
Private
Private Equity
Cross Border
Friendly
Single Bidder
Synopsis
CVC Capital-backed Teneo, a global CEO advisory firm, agreed to acquire Herter & Co, a debt advisory and financial restructuring firm. Financial terms were not disclosed. "We are pleased to join the Teneo family. After significant growth and having advised on the largest transactions in the German market, it is time to take the next step and expand our international footprint. I have known the Teneo team for many years and look forward to contributing to the development of the business in the years to come," Marcel Herter, Herter & Co Founding Partner.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.