Deal Snapshot
MAXIMUS TO ACQUIRE US FEDERAL CITIZEN ENGAGEMENT CENTRES FOR USD 400M IN CASH
Thursday 11 October 2018

US-based government services provider Maximus (NYSE: MMS) has signed a definitive asset purchase agreement to acquire certain assets of General Dynamics Information Technology's (NYSE: GD) large-scale, citizen-engagement centres in the US Federal civilian market, the company said.
The acquisition is expected to strengthen Maximus position in the administration of federal government programmes across the United States. Maximus said the USD 400m all cash transaction is expected to close in mid-November and is subject to customary closing conditions.


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Details
Date Published: 11/10/2018
Target: Large-scale, citizen-engagement centres in the US Federal civilian market
Country: USA
Deal Size: 400m (USD)
Sector: Business and Consumer Services
Type: Corporate acquisition
Financing: Cash
Status: Agreed
Vendor: General Dynamics Information Technology
Buyer: Maximus
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