Announced
Financials
Tags
cloud
IT Services: Other
Single Bidder
Private
government contracting
Acquisition
Pending
cybersecurity software
it services
Friendly
Private Equity
United States
Synopsis
On Assignment Inc., one of the foremost providers of IT and professional services in the technology, creative/digital, engineering and life sciences sectors, announced today that it has signed a definitive agreement to acquire ECS Federal LLC from Roy Kapani, the company’s majority owner and founder, and Lindsay Goldberg, a private investment firm, for $775 million in cash. The transaction is subject to various regulatory approvals and customary closing conditions and is expected to close on April 2, 2018.
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