ASGN Incorporated Announces the Closing of the Acquisition of Quinnox

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restricted stock unit financial

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Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

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RICHMOND, Va.--(BUSINESS WIRE)-- ASGN Incorporated (NYSE: ASGN), a leading provider of IT solutions across the commercial and government sectors, soon to be renamed Everforth, announced today the successful closing of its previously announced acquisition of Quinnox Inc. (“Quinnox”). Quinnox’s global team will join ASGN’s Commercial Segment.

“We are excited to announce the successful closing of our acquisition of Quinnox,” said ASGN's Chief Executive Officer, Ted Hanson. “This strategic platform acquisition enhances our position in digital engineering and establishes a solid foundation for our offshore delivery capabilities. Quinnox’s global capability centers in India complement our best-in-class nearshore operations in Mexico, enabling us to offer expanded expertise in application management, modernization, analytics, and enterprise platforms to our commercial clients.”

In connection with the closing of the acquisition, ASGN is granting restricted stock unit (“RSU”) awards to 16 Quinnox employees covering 157,369 shares. Further, 75,772 RSUs with 2026 revenue and EBITDA (earnings before interest, depreciation and amortization) performance conditions attached (“PSUs”) will be awarded to five key employees. These awards vest: (a) one-half on the second anniversary of the grant date, and (b) 25 percent on each of the third and fourth anniversaries of the grant date. All of the awards are subject to continued service through the vesting dates, and the PSUs are further subject to achievement of the performance targets. The awards are granted as employment inducement awards pursuant to the New York Stock Exchange rules.

About ASGN Incorporated, transitioning to Everforth

ASGN Incorporated (NYSE: ASGN) is a leading provider of IT solutions for commercial and government clients. In November 2025, ASGN announced its intent to rebrand to Everforth, a new parent brand unifying its six brands — Apex Systems, Creative Circle, CyberCoders, ECS, GlideFast, and TopBloc — under a single identity.

During the transition, ASGN will continue operating under its existing commercial and government brands. Clients, partners, and suppliers can expect a seamless experience, led by the same trusted teams with greater resources and stronger cross-brand collaboration. ASGN’s transition to Everforth will take place in the first half of 2026.

Everforth is a leading technology and digital engineering company with six core solution areas: AI and data, cloud and infrastructure, digital engineering, customer experience, cybersecurity, and enterprise platforms. Through proprietary assets, accelerators, and proven expertise, Everforth delivers measurable outcomes that help organizations adapt, innovate, and thrive.

Everforth: Adapt and Thrive.

Learn more at go-everforth.com.

Safe Harbor

Certain statements made in this news release are “forward-looking statements” within the meaning of Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and involve a high degree of risk and uncertainty. Forward-looking statements include statements regarding (i) our anticipated financial and operating performance, (ii) the Company’s brand transition to Everforth, (iii) the anticipated benefits of the transaction, (iv) the anticipated impact of the transaction on the combined company’s business and future financial and operating results, and (v) our goals, plans and projections with respect to our operations, financial position, and business strategy. All statements in this news release, other than those setting forth strictly historical information, are forward-looking statements. Forward-looking statements are not guarantees of future performance and actual results might differ materially. For a full list of risks and discussion of forward-looking statements, please see our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 25, 2026. We specifically disclaim any intention or duty to update any forward-looking statements contained in this news release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260309595685/en/

Kimberly Esterkin
Vice President, Investor Relations, ASGN
Kimberly.Esterkin@ASGN.com

Source: ASGN Incorporated