Korn Ferry Completes Acquisition of AMS for £850 Million to Expand Global Presence
On September 1, Korn Ferry (NYSE:KFY) completed its acquisition of UK-based consulting firm AMS from OMERS Private Equity for £850 million. The deal is expected to strengthen Korn Ferry's position in the global talent and organizational consulting market by expanding its service offerings and industry reach. The transaction was financed through a combination of cash, share issuance, and borrowings, with approximately £473 million and $326 million paid at closing along with 3.1 million new shares issued to sellers. While the acquisition builds on Korn Ferry's recent growth momentum—marked by six consecutive quarters of revenue growth—it also introduces liquidity constraints and potential earnings dilution. Institutional investors have shown increased interest in KFY, as evidenced by a rise in hedge fund holdings from 26 to 31 funds between Q1 and Q2 2026. However, short interest remains at over 4%, indicating some skepticism about the stock's near-term performance.
Tickers: $KFY