M&A Deal Summary

ASGN Acquires Apex Systems

On March 20, 2012, ASGN acquired staffing company Apex Systems for 600M USD

Acquisition Highlights
  • This is ASGN’s 5th transaction in the Staffing sector.
  • This is ASGN’s 2nd largest (disclosed) transaction.
  • This is ASGN’s 5th transaction in the United States.
  • This is ASGN’s 1st transaction in Virginia.

M&A Deal Summary
Date 2012-03-20
Target Apex Systems
Sector Staffing
Buyer(s) ASGN
Deal Type Add-on Acquisition
Deal Value 600M USD
Advisor(s) Wells Fargo Securities (Financial)
Troutman Pepper Hamilton Sanders (Legal)

Target

Apex Systems

Richmond, Virginia, United States
Apex Systems, Inc. is an IT Staffing and Services firm whose main goal is to connect their clients with experts and skilled professionals who work in Information Technology. Apex Systems specializes in contract, temp-to-perm and direct placements and offers a variety of other services, including RPO, Statements of Work (SOW) and specialty skill sourcing.

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Buyer(S) 1

Buyer

ASGN

Glen Allen, Virginia, United States
Category Company
Founded 1985
Sector Staffing
Employees3,700
Revenue 4.5B USD (2023)
DESCRIPTION
ASGN's corporate headquarters in Calabasas, California.
ASGN's corporate headquarters in Calabasas, California.

ASGN is a global provider of highly skilled, hard-to-find professionals in the technology, life sciences, and creative sectors. ASGN was founded in 1985 and is headquartered in Glen Allen, Virginia.

DEAL STATS #
Overall 5 of 20
Sector (Staffing) 5 of 10
Type (Add-on Acquisition) 5 of 19
State (Virginia) 1 of 6
Country (United States) 5 of 20
Year (2012) 1 of 1
Size (of disclosed) 2 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-31 HealthCare Partners

Atlanta, Georgia, United States

HealthCare Partners, Inc. (HCP) is a providers of temporary physician staffing and permanent physician search services, and makes physician placements in 14 specialties across 24 states.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-14 OA Nurse Travel

Blue Ash, Ohio, United States

OA Nurse Travel LLC engages in placing healthcare professionals in short-term, long-term, and contract-to-hire job assignments.

Sell -
Mergr

Product

Company

Legal