M&A Deal Summary

Korn Ferry Acquires Salo

On January 18, 2023, Korn Ferry acquired staffing company Salo

Acquisition Highlights
  • This is Korn Ferry’s 3rd transaction in the Staffing sector.
  • This is Korn Ferry’s 14th transaction in the United States.
  • This is Korn Ferry’s 3rd transaction in Minnesota.

M&A Deal Summary
Date 2023-01-18
Target Salo
Sector Staffing
Buyer(s) Korn Ferry
Deal Type Add-on Acquisition

Target

Salo

Minneapolis, Minnesota, United States
Salo is a provider of finance, accounting, and HR interim talent, with a strong focus on serving clients in healthcare, among other industries. Salo was formed in 2002 and is based in Minneapolis, Minnesota.

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Buyer(S) 1

Buyer

Korn Ferry

Los Angeles, California, United States
Category Company
Founded 1969
Sector Staffing
Employees10,779
Revenue 2.6B USD (2022)
DESCRIPTION
Korn/Ferry's corporate headquarters in Los Angeles, California.
Korn/Ferry's corporate headquarters in Los Angeles, California.

Korn Ferry is a global provider of talent management solutions. The Company's primary business focuses on recruiting board-level, chief executive and other senior executive positions for clients predominantly in the consumer, financial services, industrial, life sciences/healthcare provider, technology and educational industries. Korn Ferry was established in 1969 and is based in Los Angeles, California.

DEAL STATS #
Overall 15 of 15
Sector (Staffing) 3 of 3
Type (Add-on Acquisition) 12 of 12
State (Minnesota) 3 of 3
Country (United States) 14 of 14
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-01 Infinity Consulting Solutions

New York, New York, United States

Infinity Consulting Solutions is a provider of senior-level IT interim professional solutions with additional expertise in the areas of compliance and legal, accounting and finance, and human resources. Infinity Consulting Solutions is based in New York.

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