M&A Deal Summary

MAXIMUS Acquires General Dynamics Information Technology - Federal Citizen Engagement Centers

On October 9, 2018, MAXIMUS acquired information technology company General Dynamics Information Technology - Federal Citizen Engagement Centers from General Dynamics Information Technology for 400M USD

Acquisition Highlights
  • This is MAXIMUS’s 3rd transaction in the Information Technology sector.
  • This is MAXIMUS’s 3rd largest (disclosed) transaction.
  • This is MAXIMUS’s 4th transaction in the United States.
  • This is MAXIMUS’s 2nd transaction in Virginia.

M&A Deal Summary

Date 2018-10-09
Target General Dynamics Information Technology - Federal Citizen Engagement Centers
Sector Information Technology
Buyer(s) MAXIMUS
Sellers(s) General Dynamics Information Technology
Deal Type Divestiture
Deal Value 400M USD

Target

General Dynamics Information Technology - Federal Citizen Engagement Centers

Fairfax, Virginia, United States
General Dynamics Information Technology, Inc. - Federal Citizen Engagement Centers is a provider of IT services.

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Buyer(S) 1

Buyer

MAXIMUS

Tysons, Virginia, United States

website


Category Company
Founded 1975
Sector Business Services
Employees39,500
Revenue 4.6B USD (2022)
DESCRIPTION
MAXIMUS' corporate headquarters in Reston, Virginia.
MAXIMUS' corporate headquarters in Reston, Virginia.

MAXIMUS is an operator of government health and human services programs in the United States, United Kingdom, Canada, Australia and Saudi Arabia. The Company delivers business process services to improve the cost effectiveness, efficiency and quality of government-sponsored benefit programs, such as the Affordable Care Act, Medicaid, Medicare, Children's Health Insurance Program (CHIP), Health Insurance BC (British Columbia), as well as welfare-to-work and child support programs around the globe. MAXIMUS was formed in 1975 and is based in Tysons, Virginia.


DEAL STATS #
Overall 6 of 8
Sector (Information Technology) 3 of 4
Type (Divestiture) 1 of 2
State (Virginia) 2 of 3
Country (United States) 4 of 6
Year (2018) 1 of 1
Size (of disclosed) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-10 MAXIMUS - TIENET

Reston, Virginia, United States

MAXIMUS, Inc. - TIENET is a product developed to help educators manage instruction, intervention, and special education.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-01 Attain - Federal Division

McLean, Virginia, United States

Attain's Federal Division provides automation, digital expertise, and robust technology solutions for federal government clients.

Buy $430M

Seller(S) 1

SELLER

General Dynamics Information Technology

Fairfax, Virginia, United States

website


Category Company
Founded 1982
Sector Information Technology
DESCRIPTION

General Dynamics Information Technology provides information technology (IT), systems engineering, professional services and simulation and training to customers in the defense, federal civilian government, health, homeland security, intelligence, state and local government and commercial sectors.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-22 VIPS

Baltimore, Maryland, United States

ViPS, Inc., an information technology company, provides healthcare data management, analytics, decision support, process automation, and related information technology solutions for governmental and commercial healthcare payers.

Buy $225M