Korn Ferry closes AMS acquisition with cash and 3.1 million shares

Korn Ferry completed its acquisition of AMS, formally Auxey Holdco Limited, on September 1, 2026, making the Jersey-incorporated company an indirect wholly owned subsidiary. At closing, Korn Ferry Global Holdings (UK) Limited paid approximately £473 million and approximately $326 million in cash and issued 3,118,628 shares of Korn Ferry common stock to the sellers, according to its Form 8-K (AccNo 0001193125-26-378508).

The cash payments covered consideration to sellers, repayment of AMS indebtedness and other AMS transaction obligations under the deal's lock-box structure. They do not represent cash paid solely for the equity. The AMS shares are now held by Korn Ferry Global Holdings (UK) Limited.

The acquisition expands Korn Ferry's talent platform into AMS workforce solutions, including managed service provider programs, recruitment process outsourcing and campus recruiting. The close moves the transaction into integration; the next question is how the acquired operations contribute to Korn Ferry's results.

The filing identifies Auxey Holdings (Lux) S.A.S. as the majority seller and lists OMERS Administration Corporation, AMS Cayco Ltd. and certain other parties among the sellers.

Korn Ferry announced the definitive agreement on June 29, 2026. The purchase agreement was dated June 27, 2026, and subsequently amended. An August 31 second deed of amendment set the accounting effective time at 12:01 a.m. London time on September 1.

Upcoming results will be worth watching for disclosures on integration and AMS's contribution to revenue and earnings. The September 1 close establishes ownership; those disclosures would help investors assess what the combined business delivers.