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Korn Ferry completes Salo acquisition

February 01, 2023

Korn Ferry (NYSE: KFY) today announced that it has completed its acquisition of Salo LLC, a finance/accounting and human resources staffing firm based in Minneapolis. The deal was announced last month.

Salo ranks among the largest finance/accounting staffing firms in the US. Los Angeles-based Korn Ferry is known for its executive search business; however, the firm entered into the professional and executive contingent and consultant space 18 months ago.

“Salo is a leading provider of finance, accounting and HR interim talent with a strong focus on serving clients in healthcare, among other industries,” Korn Ferry stated. “The company’s substantial interim professional solutions and contract staffing expertise will enhance Korn Ferry’s industry-leading organizational consulting portfolio.”

Terms of the deal were not disclosed. The acquisition is expected to be immediately accretive to Korn Ferry’s adjusted earnings.