It was announced yesterday that Teneo, the Global CEO advisory firm, has acquired PSG Communications, a leading communications and sports advisory practice based in Dublin, Ireland.
The PSG senior management team, including Chief Executive Mick O'Keeffe and Executive Chairman Padraig Slattery, will continue in their roles and to lead the business.
They will now report to Charles Watson, Chairman of Teneo International who will join the board of PSG, together with Brendan Murphy, who currently leads Teneo’s operations in Ireland and will become Vice Chairman.
PSG was founded in 2014 following a merger between leading Irish PR firms Pembroke Communications and Slattery Communications.
Today, the firm has 55 employees and advises some of Ireland’s largest corporate and not-for-profit entities, as well as a growing number of multinational clients based in Ireland.
PSG has received numerous industry awards over the last two years and provides services across four areas covering corporate communications and reputation management, brand strategy, marketing communications, sports and entertainment sponsorship and digital communications.
Chairman and CEO of Teneo, Declan Kelly said, "Today’s acquisition further strengthens our capabilities in Ireland and across Europe. I have known Padraig Slattery for many years and have tremendous respect for the business he along with Mick O'Keeffe and the rest of the team at PSG have built."
He added, "Ireland is a critical market for many multinational corporations today and a great place to invest in the current volatile post-Brexit environment. The addition of PSG provides our clients with access to additional world-class expertise and capabilities."
Source: www.businessworld.ie
