Korn/Ferry Acquires SENSA Solutions
Financial terms of the transaction were not disclosed. Korn/Ferry anticipates that the acquisition of SENSA will be accretive to earnings within the first 12-18 months of ownership.
Founded in 1996, SENSA is widely recognized for its deep U.S. government relationships and specialized human capital solutions ranging from strategic planning, training and development to executive coaching, change management and strategic communications.
"For Korn/Ferry, SENSA provides immediate access, expertise and experience in providing federal government clients with human capital solutions, a market that is robust and growing," said Gary D. Burnison, CEO of Korn/Ferry International.
Vicki Tarallo, CEO of SENSA, will join Korn/Ferry and report directly to Ana Dutra, CEO of Korn/Ferry's Leadership and Talent Consulting group. Tarallo will continue in her role as CEO of SENSA and will work to develop a broader platform for Korn/Ferry in the federal marketplace.
"We are excited about bringing together two top talent management brands," said Tarallo. "The combination of Korn/Ferry's global network, broad-based capabilities and deep intellectual property, along with our federal government organizational development, training and human capital expertise and client relationships, will grow the business, expand our products and create new talent management services. Our clients will be the beneficiary of innovative, global talent consulting expertise to solve their organizational challenges."
About SENSA Solutions
Since its founding in 1996, SENSA Solutions (SENSA) has grown into a highly respected management consulting firm that provides a wide array of organizational development services to clients. The firm's services include strategic planning, training and development, executive coaching, change management and communications. SENSA also provides a wide array of human capital solutions which include organizational analysis, performance management, workforce planning, and succession management.
About Korn/Ferry International
Korn/Ferry International, with a presence throughout the Americas, Asia Pacific, Europe, the Middle East and Africa, is a premier global provider of talent management solutions celebrating 40 years in business. Based in Los Angeles, the firm delivers an array of solutions that help clients to attract, develop, retain and sustain their talent. Visit www.kornferry.com for more information on the Korn/Ferry International family of companies, and www.kornferryinstitute.com for thought leadership, intellectual property and research.
Forward Looking Statements
Statements in this press release that relate to future results and events ("forward-looking statements") are based on Korn/Ferry's current expectations. Readers are cautioned not to place undue reliance on such statements. Actual results may differ materially from those currently expected or desired because of a number of risks and uncertainties that are beyond the control of Korn/Ferry. The potential risks and uncertainties relate to the integration of Whitehead Mann's operations into Korn/Ferry's as well as competition, exchange rates, the maintenance of client relationships and global economic conditions and developments. For a detailed description of additional risks and uncertainties that could affect Korn/Ferry's business, please refer to Korn/Ferry's periodic filings with the Securities and Exchange Commission. Korn/Ferry disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Korn/Ferry International