Heidrick & Struggles Acquires Management Solutions Provider Atreus

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  • Heidrick & Struggles International Inc HSII has agreed to acquire Atreus, an interim absorption solutions supplier successful Germany. The fiscal presumption of the acquisition were not disclosed.
  • Atreus generated yearly gross of astir $61 cardinal successful 2021.
  • Atreus volition go portion of Heidrick & Struggles' existing on-demand endowment offering that includes U.S.-based Business Talent Group (BTG), acquired successful 2021.
  • Atreus volition proceed to beryllium led by Co-CEOs, Harald Linné and Rainer Nagel.
  • Atreus run arsenic a wholly owned subsidiary of Heidrick & Struggles.
  • The acquisition is expected to hap aboriginal successful the archetypal 4th of 2023.
  • Heidrick held currency and equivalents of $456.0 million as of September 30, 2022.
  • Price Action: HSII shares closed higher by 2.48% astatine $28.50 connected Thursday.

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