CEO advisory firm's investment adds a Copenhagen office and over 30 consultants to its global Management Consulting business, establishing a new regional hub.
Teneo announced it has made a strategic majority investment in Clarity Partners, a Denmark-based management consulting firm specializing in M&A and strategy. The move marks Teneo’s formal entry into the Nordic market with the establishment of an office in Copenhagen.
This move comes amid a broader expansion globally as the firm recently confirmed plans to acquire PwC New Zealand’s Business Restructuring Services unit, adding 22 professionals to its Financial Advisory business and further building out its Asia-Pacific presence. That deal, expected to close at the end of February 2026, comes on the heels of Teneo’s earlier expansion into Australia.
Clarity Partners, which has a team of over 30 employees, will be integrated into Teneo’s Management Consulting business. This addition brings the division's total headcount to more than 250 professionals across hubs in London, New York, Dubai, and now Copenhagen.
Under the terms of the deal, Clarity Partners will continue to operate with its existing leadership team, led by Managing Partner Asbjørn Kastaniegaard. The firm will maintain its focus on the Danish and Nordic markets while gaining access to Teneo's global network and its five business segments: Strategy & Communications, Financial Advisory, Management Consulting, People Advisory, and Risk Advisory.
“Europe represents an important and growing market for Teneo’s global clients, and we are committed to continue growing our team across the continent,” said Paul Keary, CEO of Teneo. He noted that Clarity Partners' experience in value creation complements Teneo’s existing management consulting capabilities.
The acquisition adds to Teneo’s Management Consulting practice, which provides services in strategy, revenue growth, performance optimization, and transaction support. Tim Nixon, CEO of Teneo’s Management Consulting business, said the firm plans to build on Clarity Partners' success in the region.
For Clarity Partners, the partnership is intended to accelerate its next phase of growth. “As we evaluated our next stage of growth, we focused on finding a partner that understood our approach, our focus on the mid-market and the way we want to build our company,” said Kastaniegaard. He added that Teneo showed "a clear alignment with our objectives and a commitment to accelerating our growth."
The Clarity Partners team is also expected to collaborate with Teneo's wider European operations, which span nine countries and offer services from strategic communications and M&A advisory to business restructuring and investigations.
SOURCE: Teneo
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