ASGN news

ASGN

ASGN Incorporated has completed its $350 million acquisition of business software developer GlideFast.

ASGN

ASGN Incorporated is acquiring GlideFast for $350 million. The company provides advanced IT solutions to organizations in telecommunications, healthcare, finance and other technology industries. The deal is scheduled to close in early July 2022.

ASGN

Net income of ASGN under GAAP for the 3 months of 2022 was $66.8 million, up 37.2% from $48.7 million in the previous year. Revenue increased 20.3% to $1.091 billion from $0.907 billion a year earlier.

ASGN

ASGN's GAAP net income for 2021 was $409.9 million, up 2.1 times from $200.3 million in the previous year. Revenue increased 14.5% to $4.01 billion from $3.502 billion a year earlier.

ASGN

ASGN's GAAP net income for 9M 2021 amounted to $324.9 million, up 2.2 times from $144.9 million in the previous year. Revenues increased by 13.6% to $2.956 billion from $2.602 billion a year earlier.

ASGN

ASGN sold Oxford Global Resources for $525 million to H.I.G. Capital. In Q1 of this year, Oxford Global generated about 11.6% of ASGN's revenue and 10.8% of Adjusted EBITDA.

ASGN

ASGN acquires Enterprise Resource Performance, a leading consulting and analytics company in the healthcare sector. Enterprise provides IT solutions, data analytics, artificial intelligence and machine learning solutions for government healthcare providers. In addition to cash compensation, ASGN is providing 14 Enterprise employees with equity compensation,...

ASGN

ASGN's GAAP net income for the six months of 2021 was $112.9 million, up 21.9% from $92.6 million in the previous year. Revenue increased 10.9% to $1.882 billion from $1.697 billion a year earlier.

ASGN

ASGN has acquired IndraSoft, a leading provider of cybersecurity solutions to the U.S. Department of Defense. IndraSoft's team of more than 220 highly skilled professionals will be integrated into the ECS Missions Solutions business unit. In addition to cash compensation, ASGN has granted 16 IndraSoft employees restricted units of 52,000 company shares.

ASGN

ASGN's GAAP net income for 3M 2021 was $48.7 mln, up 11.2% from $43.8 mln in the previous year. Revenue increased 3.5% to $1.026 billion from $0.991 billion a year earlier.