ASGN sells Oxford for $525M; acquires Avaap Infor unit for $86M; raises Q2 guidance

Everforth Inc

Sale of Oxford Global Resources to H.I.G. affiliate for $525M cash; net proceeds ~$400M.
Acquired Avaap's Infor Business Unit for $86M cash; adds ~240 employees to commercial consulting.
Revised Q2 2021 guidance: revenue $960M-$970M (up from $930M-$950M), continuing ops EPS $1.04-$1.07.
Oxford treated as discontinued operations; new segments: Commercial and Federal Government.
Granted RSUs covering ~31,000 shares to 16 Avaap employees as inducement awards.

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