The post Heidrick and struggles Soars 19.6% on go-private deal announcement appeared on BitcoinEthereumNews.com. Key takeaways Heidrick & Struggles surged 19.6% after announcing a $1.3B go-private acquisition deal. The $59-per-share all-cash offer marks a major milestone in HSII’s transformation strategy. The buyout highlights continued private equity interest in human capital and consulting firms. Shares of Heidrick & Struggles International, Inc. (HSII – Free Report) surged 19.6% on Oct. 6, after the global executive search and consulting firm announced that it had entered into a definitive agreement to be acquired by a private investment consortium in a deal valued at approximately $1.3 billion. The all-cash transaction, priced at $59 per share, represents a substantial premium over the company’s prior closing price. The deal marks a major milestone for HSII, which has evolved from a traditional executive search business into a broader leadership advisory firm with a strong presence in organizational consulting, culture shaping and on-demand talent solutions. Over the past few years, HSII, a Zacks Rank #2 (Buy) company, has successfully diversified its offerings to include digital transformation and talent analytics, allowing it to compete more effectively with larger rivals such as Korn Ferry (KFY – Free Report) and ManpowerGroup Inc. (MAN – Free Report) . KFY and MAN currently carry a Zacks Rank #3 (Hold). Over the past year, HSII has gained 58.5% compared with its peer group’s 18.7% growth. Image Source: Zacks Investment Research HSII’s expected earnings growth rate for the next year is 17.6%. The Zacks Consensus Estimate for its current-year earnings has improved 2.4% over the past 60 days. It has a VGM Score of A. Market participants interpreted the acquisition as a signal that private equity continues to see value in professional services and human capital businesses, particularly those with strong client relationships. HSII stock opened sharply higher on Monday and maintained gains throughout the session, closing near the deal… The post Heidrick and struggles Soars 19.6% on go-private deal announcement appeared on BitcoinEthereumNews.com. Key takeaways Heidrick & Struggles surged 19.6% after announcing a $1.3B go-private acquisition deal. The $59-per-share all-cash offer marks a major milestone in HSII’s transformation strategy. The buyout highlights continued private equity interest in human capital and consulting firms. Shares of Heidrick & Struggles International, Inc. (HSII – Free Report) surged 19.6% on Oct. 6, after the global executive search and consulting firm announced that it had entered into a definitive agreement to be acquired by a private investment consortium in a deal valued at approximately $1.3 billion. The all-cash transaction, priced at $59 per share, represents a substantial premium over the company’s prior closing price. The deal marks a major milestone for HSII, which has evolved from a traditional executive search business into a broader leadership advisory firm with a strong presence in organizational consulting, culture shaping and on-demand talent solutions. Over the past few years, HSII, a Zacks Rank #2 (Buy) company, has successfully diversified its offerings to include digital transformation and talent analytics, allowing it to compete more effectively with larger rivals such as Korn Ferry (KFY – Free Report) and ManpowerGroup Inc. (MAN – Free Report) . KFY and MAN currently carry a Zacks Rank #3 (Hold). Over the past year, HSII has gained 58.5% compared with its peer group’s 18.7% growth. Image Source: Zacks Investment Research HSII’s expected earnings growth rate for the next year is 17.6%. The Zacks Consensus Estimate for its current-year earnings has improved 2.4% over the past 60 days. It has a VGM Score of A. Market participants interpreted the acquisition as a signal that private equity continues to see value in professional services and human capital businesses, particularly those with strong client relationships. HSII stock opened sharply higher on Monday and maintained gains throughout the session, closing near the deal…