BUZZ-Heidrick & Struggles soars after $1.3 billion take-private deal

Reuters
2025.10.06 13:43
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Heidrick & Struggles International's shares surged 20% to $58.2 following a $1.3 billion take-private deal led by Advent International and Corvex. Shareholders will receive $59 per share, a 21% premium over the previous close. The deal, expected to finalize by Q1 2026, will maintain the current leadership team. Year-to-date, HSII shares have risen approximately 32%.

Shares of executive search firm Heidrick & Struggles International (HSII.O) soar 20% to $58.2

Consortium of investors led by Advent International and Corvex to take HSII private in an all-cash deal, valuing HSII’s equity at $1.3 bln

HSII shareholders to receive $59 per share, representing a premium of more than 21% to Friday’s close

As of last close, HSII has a market capitalization of $1.01 bln, according to data compiled by LSEG

The deal is expected to close by the first quarter of 2026

HSII to be led by company’s current leadership team following the conclusion of the deal

Including session’s move, HSII up ~32% YTD

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