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New Deal


Announced

ASGN to acquire IndraSoft.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Digital Services

Domestic

Private

United States

Pending

Friendly

Majority

Acquisition

digital transformation

cybersecurity

Synopsis

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ASGN, one of the foremost providers of IT and professional services in the technology, digital, and creative, fields across the commercial and government sectors, agreed to acquire IndraSoft, a cybersecurity and digital transformation solutions provider. Financial terms were not disclosed. "We are thrilled to welcome the IndraSoft team to ASGN. The acquisition of IndraSoft is yet another example of our long-term capital deployment strategy to acquire high-growth consulting businesses that position ASGN as an industry-leading provider of IT services and solutions to the commercial and government marketplaces. IndraSoft’s depth and breadth of technical capabilities, talent, and solutions align perfectly with our Federal Government Segment and ECS’ digital modernization expertise," Ted Hanson, ASGN President and CEO.

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