Advent International and Corvex Private Equity to acquire Heidrick & Struggles for $1.3bn.

Private equity firms Advent International and Corvex Private Equity agreed to acquire Heidrick & Struggles, a global leadership advisor, for $1.3bn. Upon completion, Heidrick will become a private company and focus on rapidly advancing its global leadership positions in executive search, interim talent solutions, leadership assessment and development, as well as purpose, culture, and performance consulting.