The transaction is sourced from an SEC EDGAR Form DEFM14A filing published on November 3, 2025. According to the facts provided, the deal's status is pending regulatory approval.
On the financial advisory side, BofA Securities, Inc. served as financial advisor to Heidrick & Struggles, the target, and is identified as the lead advisor in this transaction. The source material cites the "Opinion of BofA Securities, Inc.," indicating that BofA Securities rendered a fairness opinion in connection with the merger. No financial advisor to Heron Bidco LLC or its affiliated funds is identified in the facts provided.
No legal advisor is identified for either party in the facts provided for this transaction.
Beyond confirming that this is a cash acquisition structured as a take-private transaction, no further detail on the specific per-share price or other terms of the cash consideration is included in the facts available.
Several elements of this deal are not disclosed in the available material. The deal value is explicitly noted as not stated in the source document, and no legal advisor to either Heidrick & Struggles or Heron Bidco LLC is identified. No financial advisor to the acquiring side is named, and no expected closing date or detail on required regulatory approvals is provided.