Korn Ferry to buy search and contract staffing firm Lucas Group

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October 22, 2021

Korn Ferry (NYSE: KFY) is acquiring Lucas Group, an executive search and finance/accounting staffing provider based in Atlanta. Lucas Group was founded in 1970 and had ranked on SIA’s list of largest US staffing firms last year.

The deal is expected to close on Nov. 1.

“This combination is the right move at the right time,” Korn Ferry CEO Gary Burnison said. “We are seizing this opportunity to help clients find the right talent who are highly agile with specialized skills and expertise to help them drive superior performance.”

Terms of the transaction were not announced. Upon closing, the acquisition is expected to be immediately accretive to Korn Ferry’s adjusted earnings.

Lucas Group President and CEO Randy Marmon said the deal will bring synergistic offerings for its clients and career opportunities for employees.

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