Korn Ferry To Acquire Pivot Leadership - Quick Facts

(RTTNews) - Korn Ferry (KFY), a single source of leadership and talent consulting services, said it has entered into a definitive agreement to acquire Pivot Leadership, a global provider of innovative, customized and scalable executive development programs. Terms of the deal were not disclosed.

The transaction is expected to close on March 1. The acquisition is expected to be moderately accretive to earnings in the first year of ownership by Korn Ferry.

Pivot Leadership helps companies implement their strategies and growth plans as well as their leadership development initiatives. The firm has expertise in providing customized experiences and immersion solutions to senior executives around the world.

It will become part of Korn Ferry's Leadership and Talent Consulting segment, and will enhance the firm's ability to transform companies by working with CEOs and leadership teams to activate and accelerate their strategy through people.