Up One Rank from Last Year, Staffing Firm Recognized Two Years Running for Exceptional Growth
CALABASAS, Calif.--(BUSINESS WIRE)--On Assignment, Inc., (NYSE: ASGN), a leading global provider of
diversified professional staffing solutions, announced today that for
the second year running the company has been named to the Fortune
Magazine list of “100
Fastest-Growing Companies,” this year ranking 3rd overall.
The only staffing firm on Fortune’s list, On Assignment realized
exceptional growth during the past four quarters, with a 43% increase
that brought the company’s gross revenue to roughly $1.7 billion. This
substantial gain can be attributed to strategic acquisitions, focused
execution by all On Assignment employees, and resurgence in the job
market in the technology, healthcare, and life sciences sectors that On
Assignment supports.
On its 2013 list, Fortune ranked On Assignment the 4th
fastest-growing company, following the May 2012 acquisition of Apex
Systems that made On Assignment the 2nd largest IT staffing
firm in the United States. Since then, the company has continued to grow
from additional acquisitions and as a result of organic growth across
its business lines.
On Assignment’s position as the 2nd largest IT staffing firm
– with a 5% market share – was reconfirmed by Staffing Industry
Analysts, who recently reported their 2014 IT
staffing agency rankings.
Peter Dameris, President and CEO of On Assignment, commented, “We are
tremendously proud of how our team has executed on our long-term growth
strategies and we continue to see strong opportunities ahead for our
business.”
Fortune's list ranks public companies, with market capitalization of
$250 million or more, based on revenue growth rate, EPS growth rate and
three-year annualized total return for the period ended June 30, 2014.
To view On Assignment’s full profile, click here.
About On Assignment
On Assignment, Inc. is a leading global provider of in-demand, skilled
professionals in the growing technology, healthcare, and life sciences
sectors, where quality people are the key to success. The Company goes
beyond matching résumés with job descriptions to match people they know
into positions they understand for temporary, contract-to-hire, and
direct hire assignments. Clients recognize On Assignment for its quality
candidates, quick response, and successful assignments. Professionals
think of On Assignment as career-building partners with the depth and
breadth of experience to help them reach their goals.
On Assignment, which is based in Calabasas, California, was founded in
1985 and went public in 1992. The Company has a network of branch
offices throughout the United States, Canada, United
Kingdom, Netherlands, Ireland, and Belgium. To learn more, visit www.onassignment.com.
Contact:
On Assignment, Inc.
Alison Richmond
Director, Marketing & Communications
818-878-7900