RICHMOND, Va.--(BUSINESS WIRE)--
ASGN Incorporated (NYSE: ASGN), one of the foremost providers of IT and professional services in the technology,
digital, and creative fields across the commercial and government sectors, announced today the completion of its
previously announced sale of its Oxford Global Resources, LLC (“Oxford”) business unit to an affiliate of H.I.G.
Capital for a total cash consideration of $525.0 million (net proceeds of approximately $415.0 million, net of
income taxes).
Advisors
ASGN retained Sullivan & Cromwell LLP as legal counsel and William Blair and Truist Securities as financial
advisors in the sale. H.I.G. Capital retained Ropes & Gray LLP as legal counsel and Wells Fargo Securities,
LLC as its financial advisor in the purchase of Oxford from ASGN.
About ASGN Incorporated
ASGN Incorporated (NYSE: ASGN) is one of the foremost providers of IT services and professional solutions,
including technology, creative, and digital, across the commercial and government sectors. ASGN helps leading
corporate enterprises and government organizations develop, implement and operate critical IT and business
solutions through its integrated offering of professional staffing and IT solutions. ASGN's mission is to be the
most trusted partner for companies seeking highly skilled human capital and integrated solutions to fulfill
their strategic and operational needs. For more information, visit us at asgn.com.
Source: ASGN Incorporated