ASGN Incorporated Announces Acquisition of Integrated Solutions Management, Inc.
December 01 2020 - 4:20PM
Business Wire
Acquisition adds Elite ServiceNow technology
and digital transformation expertise for federal government and
commercial clients
ASGN Incorporated (NYSE: ASGN), one of the foremost providers of
IT and professional services in the technology, digital, creative,
engineering and life sciences fields across commercial and
government sectors, announced today the acquisition of Integrated
Solutions Management, Inc. (“ISM” or “the Company”). ISM brings
industry-leading expertise in Internet of Things (IoT) technology,
IT service and operations management. ISM will be integrated into
ECS’ Enterprise Business Solutions Group focused on delivering
digital solutions to federal civilian and commercial customers.
Founded in Tampa, Florida in 1991 to deliver best-in-class IT
consulting solutions, ISM is one of a small number of Elite
ServiceNow partners in the government space. The Company has
launched many of the most noteworthy ServiceNow deployments across
public and private entities in industries such as defense,
healthcare, transportation, finance and manufacturing. ISM supports
highly sensitive government customer needs across all ServiceNow
product lines and is also the exclusive North American partner for
ServiceNow’s new IoT product NowX. ISM brings approximately 75
highly technical employees to ECS.
“We are very pleased to welcome the ISM team to ASGN,” said Ted
Hanson, ASGN President and Chief Executive Officer. “Their talented
professionals complement our rapidly growing ECS segment. ISM’s
proprietary IP provides a competitive edge to ServiceNow customer
engagements. I am confident that this acquisition will position us
to successfully deliver on some of the most complex digital
transformations today.”
“ECS has been organically building its ServiceNow capabilities
over the past several years,” said George Wilson, President of ECS.
“To now acquire ISM, a strategic partner, and add one of the very
few Elite ServiceNow providers to our team is a very compelling
service offering. We look forward to working closely together on
larger and even more complex system- and enterprise-level digital
accounts.”
“After many years as a standalone company, ISM is excited to
drive growth under ECS,” said Marty Burke, President and Chief
Revenue Officer of ISM. “Both companies share an unwavering
dedication to service excellence, a drive to be first movers in new
technologies and a commitment to employee education and training.
These values will serve us well as we work together on behalf of
our clients.”
About ASGN Incorporated
ASGN Incorporated (NYSE: ASGN) is one of the foremost providers
of IT and professional services in the technology, digital,
creative, engineering and life sciences fields across commercial
and government sectors. Operating through its Apex, Oxford and ECS
segments, 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.
About ECS
ECS, a segment of ASGN, delivers advanced solutions in cloud,
cybersecurity, artificial intelligence (AI), machine learning (ML),
application and IT modernization, science, and engineering. The
company solves critical, complex challenges for customers across
the U.S. public sector, defense, intelligence, and commercial
industries. ECS maintains partnerships with leading cloud,
cybersecurity, and AI/ML providers and holds specialized
certifications in their technologies. Headquartered in Fairfax,
Virginia, ECS has more than 3,000 employees throughout the United
States. For more information, visit ECStech.com.
Safe Harbor
Certain statements made in this news release are
“forward-looking statements” within the meaning of Section 21E of
the Securities Exchange Act of 1934, as amended, and involve a high
degree of risk and uncertainty. Forward-looking statements include
statements regarding our anticipated financial and operating
performance.
All statements in this release, other than those setting forth
strictly historical information, are forward-looking statements.
Forward-looking statements are not guarantees of future
performance, and actual results might differ materially. In
particular, we make no assurances that the estimates of revenues
and Adjusted EBITDA will be achieved. Factors that could cause or
contribute to such differences include actual demand for ASGN or
ISM services, the companies' abilities to attract, train and retain
qualified staffing consultants, the companies' abilities to remain
competitive in obtaining and retaining clients, the availability of
qualified contract professionals, management of growth, continued
performance and improvement of enterprise-wide information systems,
the companies' ability to manage litigation matters, the successful
integration of ISM, the expected impact of the COVID-19 global
pandemic on the companies’ competitive position and demand for each
of our services and other risks detailed from time to time in
reports filed with the SEC, including ASGN's Annual Report on Form
10-K for the year ended December 31, 2019, as filed with the SEC on
March 2, 2020, and ASGN's Quarterly Report on Form 10-Q for the
quarter ended March 31, 2020, as filed with the SEC on May 11,
2020. We specifically disclaim any intention or duty to update any
forward-looking statements contained in this news release.
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version on businesswire.com: https://www.businesswire.com/news/home/20201201006154/en/
Ed Pierce ASGN Chief Financial Officer 818-878-7900 Kimberly
Esterkin ADDO Investor Relations 310-829-5400
kesterkin@addoir.com
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