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Korn Ferry Completes Acquisition Of Lucas Group

Nov 01, 2021•over 3 years ago

Acquiring Company

Korn Ferry

Acquired Company

Lucas Group

Los AngelesProfessional ServicesSoftware

Description

Korn Ferry (NYSE: KFY) today announced that it has completed its previously disclosed acquisition of Lucas Group.

Company Information

Company

Korn Ferry

Location

Los Angeles, California, United States

About

Korn Ferry is a global organizational consulting firm. We work with our clients to design optimal organization structures, roles, and responsibilities. We help them hire the right people and advise them on how to reward and motivate their workforce while developing professionals as they navigate and advance their careers.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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