In a major expansion of its talent advisory business and part of a larger push to increse the firm's UK footprint, global advisory firm Teneo has announced the acquisition of UK-based Ridgeway Partners.

London-headquartered Ridgeway Partners specializes in executive search, board appointments, and succession planning for a diverse range of global companies both public and private, including a focus on finding and appointing diverse board directors.

The firm's Managing Partner, Sue O'Brien, will become Chairman of Ridgeway and will now lead the team under the Teneo banner. The Ridgeway team will be working closely with Nick Claydon, Teneo UK CEO, as well as more than 300 UK-based professionals who will now bring their advisory expertise to Teneo clients.

"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."

O'Brien says the acquisition will have a major impact in the combined firms' talent acquisition strategy, including beefing up its capabilities in promoting more diverse talent.

"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."

Teneo has more than 800 employees spread out through 20 offices around the world. Financial terms of the deal were not disclosed.

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