Teneo acquires Australian communications consultancy Quay Advisers
Global CEO advisory firm Teneo has acquired Sydney-based strategic communications and investor relations advisory company Quay Advisers.
Founded in 2011, Teneo has rapidly expanded in the past eight years. The New York-based firm currently employs more than 750 people in 18 offices covering the Americas, Europe, the Middle East, Africa, and Asia-Pacific. Teneo differentiates itself by working exclusively with CEOs and senior executives, providing consulting services across a full range of objectives and issues.
Through its four business segments – management consulting, risk and advisory, capital advisory, and strategic communications – Teneo helps CEOs tackle whatever issues come their way, whether it’s restructuring, organizational design, cybersecurity, brand strategy, or anything in between.
The consulting firm has now made the tenth acquisition since its founding, bolstering its strategic communications offering with the addition of Australia’s Quay Advisers. Founded in 2016 by John Hurst and Murray Williams, the communications firm has worked with ASX-listed companies and private firms across financial services, retail, agriculture, and energy. Both Hurst and Williams will join Teneo as senior managing directors.
Hurst was previously managing director at Cannings Corporate Communications. He spent more than 20 years reporting on business, finance, and politics at The Australian Financial Review, including five years as the publication’s managing editor.
Williams has more than 30 years of experience advising Australia’s leading companies on corporate communications, proxy solicitation, and shareholder research.
The addition of Quay Advisers will bolster Teneo’s Sydney office, which opened last year with Emily Blyth was managing director. Blyth has nearly 20 years of experience in corporate affairs, having worked with Australian and international firms across a wide range of sectors.
“We are delighted to welcome Quay Advisers to Teneo. They have a tremendous track record of delivering value for their clients and will play an important role in helping further expand our presence in this important market," Declan Kelly, Teneo chairman and CEO, said.
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