UK financial PR firm acquired by US group in a deal valuing business at more than £70m
The founder of Tulchan is set for a £35m payday after selling the London-based financial and corporate PR firm to rival global advisory Teneo.
Teneo, the US PR firm acquired by the private equity group CVC in a $700m deal in 2019, is understood to have acquired Tulchan in a deal that values the business at more than £70m.
UK financial PR firm acquired by US group in a deal valuing business at more than £70mThe founder of Tulchan is set for a £35m payday after selling the London-based financial and corporate PR firm to rival global advisory Teneo.Teneo, the US PR firm acquired by the private equity group CVC in a $700m deal in 2019, is understood to have acquired Tulchan in a deal that values the business at more than £70m. Continue reading…
