Teneo acquires financial advisory firm Goldin Associates

Global CEO advisory firm Teneo has acquired Goldin Associates, a US-based financial advisory firm focused on financial restructuring, distressed situations, valuation analyses, and fiduciary roles.

Financial terms of the deal were not disclosed by the parties.

Established in 1990 by Harrison Goldin, Goldin Associates is said to partner with boards of directors, senior management, creditors, shareholders, and lenders for identifying feasible business alternatives and for developing strategic action plans that maximize value at times of challenges pertaining to the balance sheet, operations, and finances.

Jay Goldin said: “This transaction represents a tremendous opportunity for Goldin Associates.

“Our firms share the same core values, including the importance of helping our clients achieve superior outcomes when it matters the most. We look forward to joining Teneo and continuing to deliver superior advice to the clients of both firms.”

As part of the deal, Goldin Associates’ team will become part of the capital advisory business unit of Teneo, and also the firm’s investment banking arm, which offers financing solutions, financial advisory, and restructuring advisory services.

Declan Kelly – Chairman and CEO of Teneo said: “We are delighted to welcome the entire Goldin team to Teneo.

“Our Capital Advisory business continues to be an important part of Teneo’s global service offering, and today’s acquisition represents a significant expansion of our capabilities.”

Since its founding in 2011, Teneo has executed 13 acquisitions.