Posted by: danielrashke | March 2, 2015

Not For Sale

A news release last week really caught my attention! Like coworkers, friends, and associates, I was completely taken aback to learn that Engility Holdings, Inc., of Chantilly, Virginia had “completed its acquisition of TASC, Inc.” The news turned the heads of more than a few individuals in our industry… Let’s set the record straight, this is not us. Maybe you also saw this news, perhaps in a business news publication or website out there.  It seems that the TASC referred to is a leading provider of enterprise systems engineering, mission-enabling architectures, and value-based solutions for the national security and public safety markets. And Engility is a pure-play government services provider that delivers highly skilled personnel in a cost-efficient manner. Obviously, this is NOT the same industry as Total Administrative Services Corporation (TASC).  This TASC is the largest privately held, third-party administrator (TPA) in the nation. Through our service offerings, we provide over 60,000 sole proprietors, family farmers, and business owners nationwide with innovative, tax-advantaged employee benefit programs. And we are not for sale. However, we are buying. So if you know of any TPAs wanting to get out of the business, send them our way.


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