Cabinet DN today announced its acquisition by Teneo, the global CEO advisory firm.

Teneo was founded in 2011 with a vision to create a new breed of advisory firm focused on working exclusively with the leaders of major corporations to help them address a wide range of business and reputational issues and opportunities. Teneo’s clients include some of the world’s largest corporations.

The firm has more than 600 employees working across 12 integrated operating divisions spanning the disciplines of strategic communications, investor relations, investment banking, financial analytics, executive recruiting, digital analytics, corporate governance, government affairs, business intelligence, management consulting and corporate restructuring. The business operates out of 14 offices around the world across the Americas, Europe, the Middle East and Greater China.

Teneo has operated in Brussels since 2012 and advises a range of multinational corporations. For more information on Teneo, please see www.teneoholdings.com

Cabinet DN’s management team includes founders Jacob Lund Nielsen (Managing Partner) and Timme Bertolt Døssing (Partner) as well as Deborah Nash (Partner) and Mario Filipponi (Partner), who joined the firm earlier this year. Jacob, Timme, Deborah and Mario will continue in their leadership roles of the business and will now report to Charles Watson, Chairman of Teneo International. It is intended to combine Cabinet DN’s operations with Teneo’s existing team in Brussels, led by Ruud Wassen (Managing Director), creating a powerful new force in the market.

“Today’s news is a hugely exciting moment for our company. Becoming part of Teneo will be transformational for our combined Brussels-based offering, creating many new opportunities for our clients and employees alike,” said Jacob Lund Nielsen, Managing Partner at Cabinet DN. “We have followed Teneo’s impressive growth in recent years with great admiration and have huge respect for what it has achieved so far. We are excited to become a part of the firm as it embarks on this next stage of growth and development.”

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