Teneo, a CEO advisory firm, has bought WestExec Advisors, an advisory firm.

WestExec provides clients with strategic counsel, geopolitical risk analysis and capital advisory services.

“Business leaders are faced with a constant barrage of geopolitical, economic, social and market disruption that impact their operations, valuations and reputations,” said Paul Keary, CEO of Teneo. “This transaction will keep Teneo at the forefront of these conversations with CEOs and their teams around the world. The Teneo and WestExec teams have already developed a great partnership, and we have very ambitious plans to scale the business further.”

Wachtell, Lipton, Rosen & Katz served as legal advisors to Teneo on the transaction. Holland & Knight served as legal advisors to WestExec on the transaction.