Heidrick & Struggles acquires advisory firm
Chicago-based Heidrick & Struggles has acquired Decision Strategies International (DSI), a Philadelphia-based strategy and leadership advisory firm.
Tracy R. Wolstencroft, Heidrick & Struggles' president and chief executive officer, said, "The acquisition of DSI accelerates the growth of our Leadership Consulting platform with proven expertise and solutions to help our clients build the leadership capabilities they need to succeed in a volatile, fast-changing world.”
Colin Price, executive vice president and global managing partner, leadership consulting at Heidrick & Struggles, commented, "This strategic acquisition furthers the ability of Heidrick & Struggles to help clients accelerate performance.”
Toomas H. Truumees, senior managing partner at DSI, added, “We are excited to work alongside our new colleagues at Heidrick & Struggles in helping clients around the world embrace uncertainty and succeed with transformational leadership,"
DSI was founded in 1990 by Paul Schoemaker. Heidrick & Struggles' state that five members of the DSI senior leadership team will join its leadership consulting practice as partners.