Heidrick & Struggles Acquires 2GET, A Leading Executive Search Firm in Brazil

Heidrick & Struggles

-- Acquisition significantly expands Heidrick & Struggles' footprint in Brazil

and strengthens its position as a global leader delivering premium, data

driven executive search services and human capital solutions

Heidrick & Struggles (Nasdaq: HSII), a premier provider of executive search, leadership assessment and development, organization and team effectiveness, and culture shaping services globally, today announced it has closed the acquisition of 2GET, a premier executive search firm in Brazil and one of the largest search firms in the country. Terms of the transaction were not disclosed.

Founded in 2009 and with offices in Sao Paulo and Rio de Janeiro, 2GET is a leading executive search firm in Brazil with a total of 50 employees, including 13 consultants. Paulo Mendes, a Founder and Executive Board Member of 2GET, will lead the newly combined Heidrick & Struggles operation in Brazil.

"The acquisition of 2GET allows us to significantly expand Heidrick & Struggles' presence in Brazil, and we will be able to better serve the local marketplace, as well as our larger multinational clients with operations in the country," said Krishnan Rajagopalan, President and CEO, Heidrick & Struggles. "Heidrick & Struggles and 2GET share a commitment to delivering our clients premium executive search services and human capital solutions, using innovative, data-driven tools and digital platforms. By bringing Paulo and the 2GET team on board, we are welcoming a seasoned executive search leader and a dynamic, forward-thinking team to the Heidrick & Struggles global network."

Mendes

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