Tuesday, January 5, 2010

Korn/Ferry Acquires SENSA Solutions


Korn/Ferry Acquires SENSA Solutions

 

Acquisition Extends Firm's Talent Management Capabilities and Experience with U.S. Federal Government and Department of Defense Agencies

LOS ANGELES, Jan. 4 /PRNewswire-FirstCall/ -- Korn/Ferry International (NYSE: KFY), a premier global provider of talent management solutions, today announced that it has acquired McLean, Va.-based SENSA Solutions, a leading management consulting firm widely respected for its leadership and organizational development solutions utilized by U.S. federal agencies.
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."

No comments: