Heidrick & Struggles soars after $1.3 billion take-private deal

** Shares of executive search firm Heidrick & Struggles International HSII soar 20% to $58.2

** Consortium of investors led by Advent International and Corvex to take HSII private in an all-cash deal, valuing HSII's equity at $1.3 bln

** HSII shareholders to receive $59 per share, representing a premium of more than 21% to Friday's close

** As of last close, HSII has a market capitalization of $1.01 bln, according to data compiled by LSEG

** The deal is expected to close by the first quarter of 2026

** HSII to be led by company's current leadership team following the conclusion of the deal

** Including session's move, HSII up ~32% YTD