Benzinga | Dec 21, 2021 04:56AM EST

Heidrick & Struggles Entered Into Agreements to Acquire RosExpert in Russia and WE Partners in Ukraine and Kazakhstan; Terms Not Disclosed

Heidrick & Struggles (NASDAQ:HSII), a premier provider of global leadership advisory and on-demand talent solutions, has entered into agreements to acquire RosExpert in Russia and WE Partners in the Ukraine and Kazakhstan, all among the top executive search and leadership consulting firms in each respective country.

These acquisitions form part of Heidrick & Struggles' strategy to expand its global footprint and grow its local presence in key strategic markets around the world. Established 25 years ago in Russia, RosExpert is among the top firms in the country offering integrated executive search and leadership advisory services. In addition, WE Partners are the leading talent and leadership consulting firms in the Ukraine and Kazakhstan. With these acquisitions, Heidrick & Struggles will become the leading executive search and leadership advisory firm in each of these countries and be able to offer a broader range of offerings and capabilities to both local and multinational clients based in Russia, Ukraine and Kazakhstan.

Financial terms of the acquisitions were not disclosed, and the transaction is expected to close in Q1 2022, subject to relevant regulatory approvals and customary closing conditions.