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Business/Financial

On Assignment To Acquire Government Services Contractor ECS Federal

By Cal Biesecker

Thursday, February 1st, 2018

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On Assignment To Acquire Government Services Contractor ECS Federal

George Wilson, president and CEO of ECS Federal, will continue to lead the company after its acquisition by On Assignment. Photo. ECS Federal

On Assignment [ASGN] has agreed to acquire federal services provider ECS Federal, LLC, in a $775 million cash deal that would significantly expand its market share and footprint in the government services business.On Assignment, which has about $2.6 billion in annual sales, currently does about $200 million with the aerospace and defense area, and government services. ECS in 2017 did about $586 million in business in these areas, with 82 percent of work under prime contracts, and On Assignment says…

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