ASGN Incorporated has successfully completed its acquisition of TopBloc, LLC for $340 million, enhancing its capabilities in IT consulting services and ERP solutions.

Target Overview

ASGN Incorporated has successfully acquired TopBloc, LLC for a total consideration of $340 million in cash and equity. TopBloc is recognized for its expertise in Enterprise Resource Planning (ERP) solutions, particularly those utilizing Workday technology. The integration of TopBloc's experienced team into ASGN's Consulting Services marks a significant milestone in ASGN's strategic expansion, particularly in the realm of innovative IT solutions.

This acquisition aligns ASGN with the growing demand for ERP platforms, which are critical for managing financial and human capital information across various enterprises. With the increased prevalence of Generative AI (GenAI) applications that depend on accurate and secure data, integrating TopBloc’s capabilities allows ASGN to better serve its clientele by enhancing their service offering in the ERP marketplace.

Industry Overview

The ERP industry has been undergoing rapid transformation, driven by technological advancements and the rising need for integrated solutions that enhance operational efficiency. In the United States, the demand for ERP systems among enterprises continues to