Global business advisory Teneo has purchased PwC’s restructuring services practice in New Zealand after picking up its Australian arm last year, adding a further two dozen professionals.
The acquisition also marks Teneo’s entry into New Zealand, the country joining a global network of almost two dozen locations around the world, with the consultancy stating it would operate from offices in Auckland, Wellington and Christchurch.
The business will be headed by PwC veteran John Fisk, who established the Big Four firm’s local forensic services practice two decades ago, with fellow partners Richard Nacey and…

