Teneo Acquires Fitzroy
April 5, 2017 – New York City – Teneo Holdings, the global CEO advisory firm, today announced that it has acquired Fitzroy Communications (“Fitzroy”), a strategic communications and investor relations advisory firm with offices in New York City and Los Angeles.
Fitzroy was founded in 2012 by Lucas van Praag. Prior to Fitzroy, Mr. van Praag was a partner and the Global Head of Corporate Communications at Goldman Sachs. In addition to managing the firm’s corporate activities, he was actively engaged in providing strategic communication advice to a wide range of the firm’s clients.
The entire Fitzroy team, including partner and co-founder Liz Bruce, will be joining Teneo’s Strategy division effective immediately. Teneo Strategy is one of Teneo’s 12 operating divisions which provide integrated advisory services to many of the world’s largest and most complex companies.
“As part of Teneo’s continued growth, we are constantly looking to add great talent to our team,” said Declan Kelly, Chairman and CEO of Teneo. “Lucas, Liz and the entire Fitzroy team bring tremendous capabilities to Teneo that will be a great asset to our clients moving forward.”
“We are delighted to be joining Teneo, which has become one of the world’s most respected advisory firms,” said Lucas van Praag, Managing Partner of Fitzroy. “We’re looking forward to continuing to serve our clients and being able to leverage and contribute to the strengths of Teneo’s impressive multi-disciplinary practice.”
Fitzroy is the fifth acquisition completed by Teneo in the last two years as the firm continues to build its capabilities around the globe across all 12 of its operating divisions.