Declan Kelly's Teneo buys Dublin PR firm PSG Communications
Published 18/07/2016 | 15:56
PR heavyweight Declan Kelly’s US based Teneo has announced its acquisition of Dublin firm PSG Communications.
Tipperaryman Declan Kelly is the chairman, chief executive and co-founder of Teneo, a global communications consultancy based in the US, as well as a long career in PR he served at one stage as the US Economic Envoy to Northern Ireland, having been appointed by then US Secretary of State Hillary Clinton.
Dublin firm PSG has a staff of 55 and was founded in 2014 from a merger of Pembroke Communications and Slattery Communications.
Following its sale, 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 London based 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.
“Today’s acquisition further strengthens our capabilities in Ireland and across Europe,” said Mr Declan Kelly, Chairman and CEO of Teneo who is also a brother of Labour TD Alan Kelly.
Teneo has had an operation in Dublin since 2011, one of its 14 offices across the Americas, Europe, the Middle East and Greater China. In January 2015 Private Equity firm BC Partners acquired a minority stake in Teneo.