CALABASAS, Calif.--(BUSINESS WIRE)--On Assignment, Inc. (NYSE:ASGN), a leading global provider of
diversified staffing solutions announced today that it acquired
StratAcuity Staffing Partners, Inc., a provider of specialized
clinical/scientific staffing solutions for biotechnology and
pharmaceutical organizations. Stratacuity supports clients in the
greater Boston area with contract, permanent placement and managed
services solutions. The company was founded in 2001 by Robert Patten and
Patrick Marshall, and has enjoyed 16 years of steady growth, with $16
million in revenues for 2016. This acquisition enables On Assignment to
build upon its presence in its Life Sciences staffing vertical and
provides us with a great opportunity to strengthen our Clinical Research
offerings to our clients making us one of the largest providers of
scientific and clinical staffing solutions.
On Assignment further announced that it is proposing, subject to market
and other conditions, to reprice its existing Term B credit facility.
There can be no assurances about the timing or terms of the planned
repricing, or that the repricing will occur at all.
About On Assignment
On Assignment, Inc. is a leading global provider of highly skilled,
hard-to-find professionals in the growing technology, life sciences, and
creative 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. The Company has a network of branch offices throughout the
United States, Canada and Europe. To learn more, visit http://www.onassignment.com.
Contact:
On Assignment, Inc.
Jim Brill
Treasurer
(818) 878-7900