Korn Ferry to acquire AMS for ~$1.1B in cash and stock, creating global talent consulting leader

Filed June 29, 2026 · Period ending June 27, 2026 · ~2 min read

Key Changes

• high

  Korn Ferry signed definitive agreement to acquire UK-based AMS for ~£850M (~$1.1B): ~£659M ($881M) cash funded by $300M on hand plus $581M revolver draw, and ~£191M ($255M) in ~3.6M shares with 15% collar.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• high

  AMS generates ~$650M annual fee revenue and $100M Adjusted EBITDA run-rate; Korn Ferry expects $140M run-rate EBITDA contribution within one year post-close, immediately accretive to EPS after one-time costs.

  Exhibit 99.1 verify on EDGAR →
• high

  AMS brings $1.5B+ in estimated fees remaining under existing long-term contracts, enhancing revenue visibility; combined firm will have 16,000+ employees placing a professional every ~90 seconds.

  Exhibit 99.1 verify on EDGAR →