Here's the Deal
Baird's Investment Banking Group is pleased to announce the following transaction:
On Assignment, Inc.
Baird served as joint book-runner in this offering.
On Assignment, Inc. (“ASGN” or the “Company”) (NYSE: ASGN) recently completed a follow-on offering of 5,949,135 common shares at a price of $17.00 per share, generating gross proceeds of approximately $101.1 million. Selling shareholders offered all of the common shares sold in this offering. The Company will not receive any proceeds from the sale of shares by the selling shareholders, but will incur expenses of registration, including legal and accounting fees.
ASGN is a leading global provider of in-demand, skilled professionals in the growing technology, healthcare and life sciences sectors. The Company provides clients with short-term and long-term placement of contract, contract-to-hire and direct hire professionals. The Company is headquartered in Calabasas, California.