Teneo to acquire PwC New Zealand’s business restructuring services unit

Teneo has entered into an statement to acquisition PwC New Zealand’s Business Restructuring Services portion for an undisclosed sum.

The determination marks the further enlargement of Teneo's Financial Advisory concern successful the Asia-Pacific region.

If completed, the statement volition spot 22 employees from PwC New Zealand’s Business Restructuring Services squad determination to Teneo. These see partners John Fisk, Richard Nacey and Stephen White, on with enforcement manager Malcolm Hollis.

The radical volition beryllium wrong Teneo’s Financial Advisory concern and volition study to its CEO, Daniel Butters.

PwC New Zealand CEO Andrew Holmes said: “We are pleased to corroborate the merchantability of PwC New Zealand's BRS portion to Teneo. We look guardant to moving with Teneo connected a seamless modulation and privation the squad each the champion for the future.

“PwC remains focused connected advancing our clients' ambitions successful AI and concern transformation, portion strengthening trust. With the heavy expertise of our Advisory, Assurance and Tax & Legal teams, we are committed to supporting their success.”

Completion of the woody is taxable to modular closing conditions, with finalisation anticipated astatine the extremity of adjacent month.

Once complete, the New Zealand squad is expected to proceed advising connected restructuring and insolvency matters involving some home and cross-border situations, with a absorption connected continuity for clients and different stakeholders.

Teneo CEO Paul Keary said: “Today's acquisition is different important milestone successful our planetary maturation and the physique retired of Teneo's offering crossed Asia-Pacific.

“We are profoundly committed to continuing to put successful the region, providing a wide scope of reputational, strategical and fiscal advisory services. We are delighted to invited our caller colleagues from PwC New Zealand to the firm.”

The woody follows Teneo’s acquisition of PwC Australia’s Business Restructuring Services portion successful July 2025.

Teneo employs much than 1,800 radical worldwide.

In caller years, its Financial Advisory concern has grown to astir 650 staff.

The conception covers services specified arsenic concern restructuring, firm insolvency and bankruptcy, superior advisory, concern transformation, and forensics and investigations advisory.

Within Asia-Pacific, Teneo has operations crossed respective markets including Australia, Japan, Singapore, China and Hong Kong SAR.

"Teneo to get PwC New Zealand’s concern restructuring services unit" was primitively created and published by International Accounting Bulletin, a GlobalData owned brand.

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