Korn/Ferry Acquires D&I, Leadership Development Firm

Los Angeles — Sept. 4

Korn/Ferry International, a global provider of talent management services, announced it has acquired Boston-based Global Novations LLC, a provider of diversity, inclusion and leadership development services.

Global Novations has more than 30 years of experience and has served clients in more than 40 countries, including more than half of the Fortune 100 organizations.

The acquisition increases the scale of Korn/Ferry’s leadership and talent consulting business and extends the firm’s capabilities within the market for diversity and inclusion-focused talent management services.

Like Korn/Ferry, Global Novations emphasizes the importance of research-based, proprietary intellectual property as the basis of its talent management services. The firm has more than 150 offerings designed to develop leaders, enable high-performing cultures and deliver positive business outcomes for its clients.

The Global Novations approach and offerings include e-learning, diagnostic consulting, development and education and licensing.

The acquisition is expected to be accretive to earnings in the first year of Korn/Ferry ownership. Global Novations and New MainStream Capital were advised by SunTrust Robinson Humphrey.

Source: Korn/Ferry International