Teneo Acquires PwC NZ Unit, Expands Financial Services for Uniti Group in Asia-Pacific

Teneo Strengthens Financial Advisory Services in Asia-Pacific with Strategic Acquisition

Teneo, a prominent global CEO advisory firm, enhances its Financial Advisory business in the Asia-Pacific region through the acquisition of PwC New Zealand's Business Restructuring Services unit. Announced on January 13, 2026, this strategic acquisition brings 22 seasoned professionals, including notable partners John Fisk, Richard Nacey, Stephen White, and Executive Director Malcolm Hollis, into the Teneo team. Following its previous purchase of PwC Australia's Business Restructuring Services unit in July 2025, this move signifies Teneo's commitment to expanding its footprint in New Zealand, facilitating comprehensive restructuring and insolvency services tailored to meet the growing demands of the market.

As part of the expansion, Teneo plans to establish new offices in key locations such as Auckland, Wellington, and Christchurch. This geographical diversification allows the firm to provide localized support and specialized services in response to the unique challenges faced by clients in these areas. Teneo’s CEO, Paul Keary, underscores the firm's dedication to investing in the Asia-Pacific market, emphasizing the growing need for reputational, strategic, and financial advisory services in a region experiencing dynamic economic changes. The firm’s expansion strategy also aligns with increasing client needs for expertise in critical event management, positioning Teneo as a leading advisor in this vital market.

The newly acquired team will operate under the leadership of Daniel Butters, CEO of Teneo’s Financial Advisory division. John Fisk, appointed to lead Financial Advisory in New Zealand, expresses enthusiasm for the potential of the new team in enhancing client outcomes and fostering team development. The collaboration between Teneo and PwC reflects a mutual commitment to advancing client ambitions, particularly in areas like AI and business transformation. As Teneo continues to strengthen its capabilities through strategic acquisitions, it aims to deliver high-quality service to clients navigating complex financial landscapes in the Asia-Pacific region.

In related developments, Studio Pilates International reports an impressive start to 2026, showcasing record growth metrics with an Average Unit Volume (AUV) of $888,774 for its U.S. studios. The franchise, which operates over 125 studios and has more than 70 in development, capitalizes on the rising interest in premium Pilates experiences, particularly in major U.S. markets. Co-Founder and CEO Jade Winter highlights the scalability of the business model as the brand prepares to expand further both domestically and internationally.

Additionally, Studio Pilates International has signed franchise agreements in Germany and Portugal, signaling its ambitions for international growth. With plans for new studio openings across various U.S. locations, the franchise reinforces its position as a key player in the health and wellness industry while continuing to meet the increasing demand for quality fitness solutions in diverse communities.