Korn Ferry enters definitive agreement to acquire Salo

Korn Ferry announced that it has previously entered into a definitive agreement to acquire Salo. The transaction, which is subject to customary closing conditions, is expected to close on February 1, 2023. Through the acquisition of Salo, Korn Ferry will further broaden its ability to deliver to organizations experienced professionals, who will take on impactful roles on an interim or project basis, particularly in the high-demand areas of finance, accounting and HR. "Salo will be a great fit, with highly relevant interim professional offerings and expertise that speak to today’s world of work – a new workscape in which more than one-third of the U.S. workforce alone considers themselves to be independent," said Gary Burnison, CEO, Korn Ferry. "The Salo acquisition reflects our continued focus on high-demand areas emerging in this environment, as we scale our solutions at the intersection of talent and strategy."