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Management Consulting
Business Honor
17 April, 2025
Teneo expands to Spain, offering financial advisory services with expert leadership and plans for rapid growth.
Teneo's Financial Advisory division specializes in various fields, such as financial transactions, restructuring and mergers & acquisitions. The practice is present in the majority of Teneo's 40 offices across the globe, and clients in Spain may now use the product as well.
The CEO of Teneo's Financial Advisory division, Daniel Butters, was thrilled by the company's debut in Spain and called it an important and thrilling milestone. He noted that the expansion usefully builds on the successful introduction of Teneo’s financial advisory services in Latin America the previous year and will support seamless client service across both regions.
Javier Ibáñez, a restructuring expert with more than 25 years of experience, is responsible for the new Madrid office. Prior to being named a senior managing director, he worked for KPMG for most of his career including ten years as a restructuring partner. He was responsible for Kroll's restructuring practice in Spain more recently.
Ibáñez stressed the significant opportunity Teneo sees in the Spanish market, highlighting the firm's integrated consulting and advisory model as a distinctive and valuable offering for clients in the region. He stated that the team intends to expand its services rapidly to address areas such as crisis management, insolvency, fundraising and growth support. Ibáñez added that Teneo has big aspirations to expand its business in Spain and that several new employees would be joining the company in the upcoming weeks and months.
He has worked with Kroll and KPMG for more than 15 years, making him a highly skilled restructuring practitioner. Butters extended a warm welcome to Javier and Francisco, noting that both bring valuable restructuring expertise and strong market connections to the team.