Capstone Partners advised Infinity Consulting Solutions (ICS)—a leading IT staffing and recruiting firm—on its sale to global organizational consulting firm Korn Ferry.
Founded in 2001 in New York, Infinity Consulting specializes in filling senior-level IT interim professional roles, with additional expertise in compliance and legal, accounting and finance, and human resources positions.
“Now, with Korn Ferry, we will have a world-class global network of colleagues, vast IP, and client connections at every turn. Our track record of success and deep interim professional solutions expertise, combined with Korn Ferry’s expansive organizational consulting credentials, will give us even greater opportunities to deliver client and colleague impact,” said Doug Klares, CEO, Infinity Consulting Solutions. “We’re excited to be joining Korn Ferry and look forward to what the future holds.”
It was truly a pleasure and an honor to represent Infinity Consulting Solutions on this important transaction. Over the past 20+ years, Doug and the team have built a first-class organization and earned the reputation as a premier provider of high-quality IT staffing solutions. The combination of Infinity with Korn Ferry’s resources and global reach will unlock significant growth opportunities for years to come.
Capstone carefully choreographed ICS’s sell-side process to align with the improving economy and positioned ICS as a winner in light of the evolving workforce dynamics. Moreover, Capstone invested significant time with ICS management at the front-end of the process to ensure proper preparation in advance of buyer interactions and due diligence. Klares commented, “Capstone’s advice to conduct our own QOE prior to the process made due diligence and negotiating faster and easier.”
The acquisition brings Korn Ferry a vast network of senior IT professionals, a rigorous data-driven recruitment process, and deep relationships with a diverse mix of clients across multiple industries. ICS has also been recognized with the Best of Staffing Diamond award for 10 consecutive years.
Headquartered in Los Angeles, Korn Ferry is a global organizational consulting firm that helps clients design optimal organization structures, roles, and responsibilities. The firm employs 10,000 people in 50+ countries and provides services in talent acquisition, organizational strategy, rewards and benefits, assessment and succession, and leadership development.
“Infinity Consulting Solutions will be a great fit, with interim professional placement offerings and expertise that are highly relevant for the new world of work,” said Gary D. Burnison, CEO at Korn Ferry. “Today, Boomers are retiring and career nomads are looking for change —early and often. Our clients have entered a new reality where shortages of skilled labor are projected to persist, particularly in high-demand areas such as IT. Korn Ferry’s acquisition of ICS echoes our commitment to scale our solutions and further increase our focus at the intersection of talent and strategy —wherever and however the needs of organizations evolve.”
The expert investment banking professionals on Capstone Partners’ Business Services Team work with leading middle market companies operating in the Human Capital & Staffing market to advise with their strategic decision-making in order to maximize financial outcomes at every stage of the business lifecycle. Our firm has developed a full suite of corporate finance solutions, including M&A advisory, debt advisory, financial advisory, and equity capital financing to help privately owned businesses and private equity firms address any need, ranging from growth and financial or operational advisement to an ultimate exit transaction. To learn more about this transaction, or about the benefits of starting a relationship with our Business Services Banking Team, contact us here.