ASGN Incorporated (ASGN)

ASGN Incorporated provides information technology services and solutions to large companies and to federal government agencies. Its work spans IT consulting, digital engineering, cloud and data projects, cybersecurity and the placement of skilled technology professionals on client assignments. The business is organized around a commercial segment serving sectors such as financial services, healthcare, consumer and industrial companies, and a federal government segment that supports defense, intelligence and civilian agencies.

The company traces its roots to On Assignment, a staffing firm founded in California in 1985 that originally placed laboratory and scientific personnel. Through a long series of acquisitions it moved toward higher-value technology work. Major purchases included Apex Systems in 2012, Creative Circle in 2015 and ECS Federal in 2018, which built out the government business. The company adopted the ASGN name in 2018 and is based in the Richmond, Virginia area.

ASGN has continued to shift its mix away from traditional staffing toward consulting and project-based solutions, which tend to carry higher margins and longer client relationships. In January 2026 it agreed to acquire Quinnox, a digital engineering and IT services firm with offshore delivery capability, for about $290 million, and later announced that the purchase had closed. The deal was aimed at expanding its digital engineering offerings and global delivery capacity.

The company reports results quarterly and in April 2026 released its first quarter 2026 figures. Its main competitors include other IT services and staffing providers as well as federal government contractors. Demand for its services is tied to corporate technology budgets and to federal spending on IT modernization, which makes the business sensitive to economic conditions and government budget cycles.