TYSONS CORNER, VA, February 4, 2020 — ASGN (NYSE: ASGN) has moved to integrate the Blackstone Federal business it recently acquired for $85M cash into its ECS subsidiary's enterprise solutions group, GovCon Wire reported Jan. 28.
Blackstone Federal — which has provided technical support to the Department of Homeland Security over the past 18 years — earned $44M in 2019 revenue and is projected to experience a 10 percent sales growth for 2020, ASGN said Jan. 27.
The Arlington, Va.-based business joins ECS' enterprise solutions group, which offers digital services in the federal market, as a result of the deal.
“Both ECS and Blackstone Federal share innovative and solutions-driven cultures focused on the customer, collaboration and quick decision-making," said George Wilson, president of ECS and a 2020 Wash100 winner.
"We’ve also both worked hard to deliver the most powerful technologies, tools, and strategies to our DHS customers," Wilson added.
About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com