Korn/Ferry International buys Global Novations

Associated Press Published: September 4, 2012

LOS ANGELES (AP) — Staffing firm Korn/Ferry International has purchased Global Novations LLC in a move to bolster its leadership and talent consulting business. Financial terms of the deal were not disclosed.

Korn/Ferry said Monday that the acquisition will also give it better access to talent management efforts that emphasize diversity and inclusion.

Boston-based Global Novations' offerings include online learning, diagnostic consulting, development and education and licensing. It has served clients in more than 40 countries.

The buyout is expected to add to Korn/Ferry's earnings in the first year of ownership.

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