ASGN closes $340 million TopBloc acquisition; Shiv Iyer named President
ASGN Incorporated (NYSE: ASGN) closed its acquisition of TopBloc, LLC for total consideration of $340 million in cash and equity, according to a March 4, 2025 press release furnished with this 8-K. Shiv Iyer became President effective immediately, succeeding Rand Blazer, who moved to Executive Vice Chairman. The filing names ASGN Incorporated, not Everforth Inc (EFOR) as stated in the request, so confirm the filer before relying on this summary.
Key points
- TopBloc acquisition closed for $340 million in cash and equity; TopBloc team joins ASGN Consulting Services.
- Iyer, age 52, is entitled to a $850,000 annual base salary and a target annual bonus of 125 percent of base salary.
- Iyer receives a $4,000,000 signing equity award, plus a target annual equity award of $1,750,000.
- Filing names ASGN Incorporated (NYSE: ASGN); the request named Everforth Inc (ticker EFOR).
The filing
Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 04, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.