Teneo, the global CEO advisory firm, today announced that it has acquired UK-based Ridgeway Partners, a leading advisory firm specializing in executive search, board appointments, and succession planning for a wide range of companies around the world.
Ridgeway, headquartered in London, has been built from a small affiliated business to a sizeable independent partnership with ambition for further growth. The firm has significant expertise in board appointments and advisory services to both public and private companies including a special focus on the appointment of diverse directors. Ridgeway's functional specialisms include Executive Committee roles in Finance, IT/Digital, Risk, and HR, operating across all sectors. In addition, Ridgeway has deep industry experience in retail financial services, investment banking, asset and wealth management, insurance, consumer markets, oil and gas, and technology.
Sue O'Brien OBE, previous Managing Partner, will become Chairman of Ridgeway and continue to lead the Ridgeway team as part of Teneo, reporting to Chris Wearing the Chairman of Teneo International. The Ridgeway team will also work closely with Nick Claydon, CEO of Teneo UK, and the firm's more than 300 UK-based professionals providing Teneo clients with integrated advisory services not available anywhere else in the market.
"We are truly delighted to be welcoming the Ridgeway team to Teneo," said Declan Kelly, Chairman, and CEO of Teneo. "CEOs and leading companies today demand integrated services to help address their biggest challenges and opportunities. We believe talent advisory is a critical component of those services and are deeply committed to further building out our global capabilities in this area to best serve Teneo's clients."
"Our clients will benefit greatly from Teneo's global network and broad set of CEO advisory capabilities," said Sue O'Brien OBE. "Ridgeway is a market leader in board level search and shares a passion for promoting diversity in the board room with Teneo. Together, through our combined CEO and Board relationships, we can significantly expand our talent strategy and advisory services."
"Sue and her colleagues bring deep expertise in leadership talent strategy and have built long term partnerships with their clients across many industries and geographies," said Chris Wearing, Chairman of Teneo International. "Their strong history and track record on diversity is especially important to us and our clients."
The terms of the deal are not being disclosed.
Sourced from PR Newswire