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World – Korn Ferry acquires US-based Infinity Consulting Solutions

02 August 2022

Korn Ferry (NYSE: KFY) announced yesterday that it has acquired Infinity Consulting Solutions (ICS), a US-based provider of senior-level IT interim professional solutions.

Headquartered in New York, with nine offices throughout the US, ICS offers interim professional solutions expertise which will further enhance Korn Ferry’s industry-leading portfolio. The group also has additional expertise in the areas of compliance and legal, accounting and finance, and human resources.

According to Korn Ferry, the firm brings a vast network of senior IT professionals, a rigorous data-driven recruitment process, and deep relationships with a diverse mix of clients across multiple industries.

Gary D. Burnison, CEO, Korn Ferry, said, “Infinity Consulting Solutions will be a great fit, with interim professional placement offerings and expertise that are highly relevant for the new world of work. Today, Boomers are retiring and career nomads are looking for change, early and often. Our clients have entered a new reality where shortages of skilled labour are projected to persist, particularly in high-demand areas such as IT. Korn Ferry’s acquisition of ICS echoes our commitment to scale our solutions and further increase our focus at the intersection of talent and strategy – wherever and however the needs of organizations evolve.”

Doug Klares, CEO, Infinity Consulting Solutions, said, “Now, with Korn Ferry, we will have a world-class global network of colleagues, vast IP and client connections at every turn. Our track record of success and deep interim professional solutions expertise, combined with Korn Ferry’s expansive organisational consulting credentials, will give us even greater opportunities to deliver client and colleague impact. We’re excited to be joining Korn Ferry and look forward to what the future holds.”

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