Global leadership advisory and on-demand talent solutions provider Heidrick & Struggles has entered into an agreement to acquire businessfourzero, a London-based consultancy specialising in developing and implementing purpose-driven change.

This acquisition will not only deepen Heidrick & Struggles' existing set of leadership advisory and industry-leading culture and organisation solutions but also accelerate the company's ability to help clients drive successful business transformations by linking purpose and strategy to leadership and culture.

Krishnan Rajagopalan, President and CEO, Heidrick & Struggles, said, "Powerful, purpose-driven cultures and inspired and engaged workforces are critical drivers of successful business transformations and long-term, sustainable performance. businessfourzero will form an integral part of Heidrick Consulting's offering, strengthening our ability to work with clients, who are focused on developing future-ready cultures and organisations with pragmatic, actionable strategies. We look forward to welcoming Atif Sheikh and the entire team to Heidrick & Struggles."

Atif Sheikh, CEO, businessfourzero, commented, "Becoming part of Heidrick & Struggles allows us to accelerate and expand our international footprint and further accomplish our own company purpose: to get every team on a mission to actually do business better."

The businessfourzero management team, led by Atif Sheikh, along with the brand name and its roster of employees and clients, will all remain in place, ensuring business and client service continuity as the integration takes place upon deal closing.