Executive search firm Korn Ferry International Inc. (NYSE: KFY) entered into a definitive agreement to acquire Pivot Leadership, a global provider of executive development programs. The transaction is expected to close March 1, subject to customary closing conditions.

Terms of the deal were not disclosed. The acquisition is expected to be moderately accretive to earnings in the first year of Korn Ferry ownership, according to the company.

Pivot Leadership, which is led by Chairman and CEO David Dotlich, will join Korn Ferry’s leadership and talent consulting segment.

“Pivot Leadership’s world class executive learning capabilities, when coupled with Korn Ferry’s vast and proven talent management offerings, will offer an unrivaled ability to integrate a client’s talent strategy with their business strategy,” said Korn Ferry CEO Gary Burnison. “This acquisition will also add valuable talent to our leadership and talent consulting segment, as we continue our efforts to scale the business.”