Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.

Heidrick & Struggles Acquires Management Solutions Provider Atreus

Heidrick & Struggles International Inc (NASDAQ:HSII) has agreed to acquire Atreus, an interim management solutions provider in Germany. The financial terms…
byShivani Kumaresan
December 30, 2022
1 minute read
Total
0
Shares
0
0
0
0
0
0
  • Heidrick & Struggles International Inc (NASDAQ:HSII) has agreed to acquire Atreus, an interim management solutions provider in Germany. The financial terms of the acquisition were not disclosed.
  • Atreus generated annual revenue of approximately $61 million in 2021.
  • Atreus will become part of Heidrick & Struggles’ existing on-demand talent offering that includes U.S.-based Business Talent Group (BTG), acquired in 2021.
  • Atreus will continue to be led by Co-CEOs, Harald Linné and Rainer Nagel.
  • Atreus operate as a wholly owned subsidiary of Heidrick & Struggles.
  • The acquisition is expected to occur early in the first quarter of 2023.
  • Heidrick held cash and equivalents of $456.0 million as of September 30, 2022.
  • Price Action: HSII shares closed higher by 2.48% at $28.50 on Thursday.
 
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
Share 0
Related Posts
Read More

Why Match Group Stock Is Down 6% Wednesday

By Dylan Berman
May 8, 1:45 PM
Match Group reported earnings on Tuesday after the market close that included GAAP EPS of 44 cents, beating analysts estimates of 41 cents. Match Group also reported sales of $859.658 million, beating analyst estimates of $855.511 million. The company's sales results were up 9.21% from the same period last year.

MTCH