H.I.G. Capital completed the acquisition of Oxford Global Resources from ASGN for $525m.

H.I.G. Capital, a global alternative investment firm, completed the acquisition of Oxford Global Resources, an IT service management company, from ASGN, a provider of IT and professional services, for $525m. "The sale of Oxford represents a pivotal moment for ASGN. We are proud of Oxford’s history and performance as part of our Company since its acquisition in 2007. That said, we are always evaluating our portfolio of businesses and their fit with our long-term strategy to be an industry-leading provider of IT services and solutions to the commercial and government marketplaces. Given the evolution of our business since Oxford’s acquisition, including a much greater focus on high growth IT consulting services and solutions for Fortune 500 and Federal Government accounts, we believe that new ownership is exactly what Oxford needs to reach its full potential," Ted Hanson, ASGN President and CEO.