Korn Ferry has entered into a definitive agreement with OMERS Private Equity to acquire UK-headquartered AMS for an aggregate purchase price of approximately £850 million, or about $1.1 billion. The consideration consists of roughly £659 million in cash and £191 million in Korn Ferry common stock. The combined firm will have more than 16,000 colleagues and place a professional in a job approximately every 90 seconds. AMS currently generates about $650 million in fee revenue and $100 million in adjusted EBITDA on an annual run-rate basis, with Korn Ferry estimating the run-rate adjusted EBITDA contribution will reach approximately $140 million within a year after closing. The transaction is expected to close in Korn Ferry's second fiscal quarter of fiscal 2027, subject to regulatory clearances, and is anticipated to be immediately accretive to earnings per share in the first full year after adjusting for restructuring, integration, and transaction costs.
Korn FerryKorn Ferry acquires AMS for ~£850M, expected to be immediately accretive to EPS.
AMS Public Transport Holdings Ltd