The global provider of talent management solutions, Korn/Ferry International, have signed an agreement to acquire 100% of the stock of Lore International Institute, Inc.
Lore is a provider of leadership development, executive education and coaching services. They are based in North America and Europe, and will become a subsidiary of Korn/Ferry International, becoming a part of the company’s Leadership and Talent Consulting business. The transaction is expected to finalised within the next 30 days.
Terry Bacon, the Chairman and CEO of Lore, said: “We share the same vision as Korn/Ferry of helping clients maximize the potential of their talent.” He adds that: “Korn/Ferry provides Lore with the global reach, customer access and investment capital that will allow us to serve clients even more effectively, and to grow our business exponentially.”
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