On Assignment Named 3rd on Fortune’s Fastest-Growing Companies List

By Business Wire,  August 21, 2014, 08:00:00 AM EDT

On Assignment Named 3rd on Fortune's Fastest-Growing Companies List


Up One Rank from Last Year, Staffing Firm Recognized Two Years Running for Exceptional Growth

CALABASAS, Calif.--(BUSINESS WIRE)-- On Assignment, Inc., (NYSE:ASGN), a leading global provider of diversified professional staffing solutions, announced today that for the second year running the company has been named to the Fortune Magazine list of "100 Fastest-Growing Companies," this year ranking 3rd overall.

The only staffing firm on Fortune's list, On Assignment realized exceptional growth during the past four quarters, with a 43% increase that brought the company's gross revenue to roughly $1.7 billion. This substantial gain can be attributed to strategic acquisitions, focused execution by all On Assignment employees, and resurgence in the job market in the technology, healthcare, and life sciences sectors that On Assignment supports.

On its 2013 list, Fortune ranked On Assignment the 4th fastest-growing company, following the May 2012 acquisition of Apex Systems that made On Assignment the 2nd largest IT staffing firm in the United States. Since then, the company has continued to grow from additional acquisitions and as a result of organic growth across its business lines.

On Assignment's position as the 2nd largest IT staffing firm - with a 5% market share - was reconfirmed by Staffing Industry Analysts, who recently reported their 2014 IT staffing agency rankings.

Peter Dameris, President and CEO of On Assignment, commented, "We are tremendously proud of how our team has executed on our long-term growth strategies and we continue to see strong opportunities ahead for our business."

Fortune's list ranks public companies, with market capitalization of $250 million or more, based on revenue growth rate, EPS growth rate and three-year annualized total return for the period ended June 30, 2014. To view On Assignment's full profile, click here.

About On Assignment

On Assignment, Inc. is a leading global provider of in-demand, skilled professionals in the growing technology, healthcare, and life sciences sectors, where quality people are the key to success. The Company goes beyond matching résumés with job descriptions to match people they know into positions they understand for temporary, contract-to-hire, and direct hire assignments. Clients recognize On Assignment for its quality candidates, quick response, and successful assignments. Professionals think of On Assignment as career-building partners with the depth and breadth of experience to help them reach their goals.

On Assignment, which is based in Calabasas, California, was founded in 1985 and went public in 1992. The Company has a network of branch offices throughout the United States, Canada, United Kingdom, Netherlands, Ireland, and Belgium. To learn more, visit www.onassignment.com.

Source: On Assignment, Inc.



This article appears in: News Headlines

Referenced Stocks: ASGN


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