On Assignment $775 million acquisition of ECS Federal

31/1/2018
Private acquisition

$ 775 million

Announced

31/1/2018


Overview:

  • On Assignment has acquired ECS Federal for $775 million.
  • The target company is a cyber security, cloud and DevOps delivery firm. 
  • The new company will be one of tha largest IT and professional companies in North America.
  • Wells Fargo Securities acted as lead financial adviser with American Discovery Capital for On Assignment.
  • ECS Federal used the financial advice of Robert W. Baird, Houlihan Lokey and SunTrust Robinson Humphrey.

Katrin Kostadinova - Data analyst 

Jurisdiction:

United States

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Technology and telecommunications


Firms:

Party: ECS Federal (Target)

Lawyer: Thomas Dunn


Party: On Assignment (Acquirer)


Party: On Assignment (Acquirer)


Party: ECS Federal (Target)