Korn Ferry is new owner of Trilogy International
Korn Ferry is new owner of Trilogy International
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Korn Ferry (NYSE: KFY) closed on its acquisition of UK-based technology staffing firm Trilogy International. The firm provides services from traditional contingent staffing to consulting projects as well as permanent hiring certain markets.
“Trilogy operates at the forefront of change in a large addressable market. The company’s highly relevant digital interim professional offerings, combined with a broad EMEA footprint, will be a great fit for Korn Ferry and our clients,” Korn Ferry CEO Gary D. Burnison said in a press release.
Trilogy operates in Europe, the Middle East and Africa as well as in the US.
Korn Ferry said the acquisition will be a great fit for clients.
“The combination with Trilogy increases the scope of our professional interim business within our Professional Search and Interim (PS&I) segment,” Mike Distefano, CEO of Professional Search and Interim at Korn Ferry, said in a note to SIA. “This broader scale now provides our clients — particularly those in EMEA – with even more opportunities to benefit from having proven professionals available to take on critical roles on an interim basis.”
With the deal, Trilogy is now operating at Trilogy International, a Korn Ferry company. The company will use both brands for some time to establish the brand equity of both firms.
“Trilogy is known as the ‘technologist’s recruiter’ — bringing to our clients a bespoke, consultative, high-touch approach,” Trilogy co-founder and Managing Director Ivan Jackson said in a press release. “Our success is grounded in delivering the right talent with the right knowledge and technology skills to drive business value and transformation.”
Jackson will remain at the company along with Trilogy’s two other founders — Dan Fox and Jamie Bernstein.
Jackson’s new title will be president, Korn Ferry IT interim, EMEA. Fox and Bernstein will be managing directors, Korn Ferry IT interim, EMEA.
Terms of the transaction were not announced.
Trilogy was founded in 2014. It has offices in London; Galway, Ireland; and New York.