M&A Deal Summary

Angus Knight Acquires MAXIMUS - Australia & South Korea Operations

On December 10, 2024, Angus Knight acquired staffing company MAXIMUS - Australia & South Korea Operations from MAXIMUS

Acquisition Highlights
  • This is Angus Knight’s 1st transaction in the Staffing sector.
  • This is Angus Knight’s 1st transaction in the United States.
  • This is Angus Knight’s 1st transaction in Virginia.

M&A Deal Summary

Date 2024-12-10
Target MAXIMUS - Australia & South Korea Operations
Sector Staffing
Buyer(s) Angus Knight
Sellers(s) MAXIMUS
Deal Type Divestiture

Target

MAXIMUS - Australia & South Korea Operations

McLean, Virginia, United States
MAXIMUS' Australia & South Korea Operations provides employment services.

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Buyer(S) 1

Buyer

Angus Knight

Sydney, Australia

Category Company
Founded 1996
Sector Staffing
DESCRIPTION

Angus Knight is a provider of employment, education and training, health and wellbeing, and community services with operations in seven countries. Angus Knight was founded in 1996 and is based in Sydney, New South Wales.


DEAL STATS #
Overall 1 of 1
Sector (Staffing) 1 of 1
Type (Divestiture) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

MAXIMUS

McLean, Virginia, United States

Category Company
Founded 1975
Sector Business Services
Employees39,600
Revenue 4.9B USD (2023)
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 McLean, Virginia.


DEAL STATS #
Overall 3 of 3
Sector (Staffing) 1 of 1
Type (Divestiture) 3 of 3
State (Virginia) 3 of 3
Country (United States) 3 of 3
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-21 VES Services

Houston, Texas, United States

VES Services is a provider of Medical Disability Examinations to determine Veterans’ eligibility for compensation and pension benefits. VES Services was founded in 2011 and is based in Houston, Texas.

Buy $1.4B