Acquiring Company
ASGN Incorporated
Acquired Company
TopBloc
Description
BV Investment Partners, a middle-market private equity firm, has announced the sale of leading, high-growth tech-enabled Workday consultancy, TopBloc, to ASGN Incorporated. TopBloc's team of over 500 consultants will become part of ASGN's Consulting Services, enhancing ASGN's position within Workday's ecosystem and strengthening its capability to serve medium and large enterprise customers.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed