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ASGN Acquires TopBloc, Enhancing ERP Capabilities

Story Highlights
  • ASGN acquired TopBloc for $340 million, enhancing its ERP and Workday capabilities.
  • Shiv Iyer became ASGN’s President, succeeding Rand Blazer, to aid strategic initiatives.
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ASGN Acquires TopBloc, Enhancing ERP Capabilities

The latest update is out from ASGN ( (ASGN) ).

On March 4, 2025, ASGN Incorporated announced the successful acquisition of TopBloc, LLC for $340 million in cash and equity, integrating TopBloc’s team into ASGN’s Consulting Services. This strategic move enhances ASGN’s capabilities in the ERP and Workday marketplace, aligning with in-demand solutions and technology partners. Additionally, Shiv Iyer officially assumed the role of President, succeeding Rand Blazer, who transitioned to Executive Vice Chairman. Iyer’s extensive consulting experience, particularly his leadership at Accenture, is expected to contribute to ASGN’s strategic initiatives and seamless leadership transition.

More about ASGN

ASGN Incorporated is a leading provider of IT services and solutions across the commercial and government sectors. The company assists corporate enterprises and government organizations in developing, implementing, and operating critical IT and business solutions through its integrated offerings.

YTD Price Performance: -18.68%

Average Trading Volume: 415,843

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.94B

For detailed information about ASGN stock, go to TipRanks’ Stock Analysis page.

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