 |
Teneo has made a strategic investment in and formed a partnership with Boardspan, the San Francisco provider of board governance software.
Its cloud-based systems are for benchmarking, analytics and education programs to complement search and advisory services.
Boardspan's clients include KKR, Ingersoll Rand, Beyond Meat, Kellogg Foundation and US Olympic & Paralympic Committee.
Diane McIntyre, CEO of Teneo People Advisory, said board effectiveness is critical to the strategic direction and success of clients.
She said Boardspan's partnership will enable Teneo to include assessments, gap analysis and benchmarking in its advisory offering "for a truly end-to-end, cloud-based experience."
Public Policy Holding Company registered 23.8 percent Q3 growth to $48.8M, with organic growth contributing 4.5 percent and the balance driven by merger & acquisition activity.
Publicis Groupe reported 3.1 percent in Q3 growth to $4B, sparked by a 3.6 percent jump North America, its biggest market.
WPP suffered a 10.2 percent drop in 1H revenues to $6.7B and a 47.8 percent plunge in operating profit to $297M.
Interpublic reported Q2 net revenues dropped 6.6 percent to $2.2B and operating income tumbled 23.4 percent to $243.7M. 
WPP has adopted a gloomier profit and sales forecast due to a deteriorating Q2 financial performance triggered by weak client spending as companies cope with the challenging economic backdrop.
