M&A Deal Summary |
|
---|---|
Date | 2016-03-01 |
Target | Ascend Management Innovations |
Sector | Healthcare Services |
Buyer(s) | MAXIMUS |
Deal Type | Add-on Acquisition |
Deal Value | 300M USD |
Advisor(s) | Brentwood Capital Advisors (Financial) |
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Category | Company |
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Founded | 1975 |
Sector | Business Services |
Employees | 39,600 |
Revenue | 4.9B USD (2023) |
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 | 5 of 8 |
Sector (Healthcare Services) | 2 of 2 |
Type (Add-on Acquisition) | 5 of 6 |
State (Tennessee) | 1 of 1 |
Country (United States) | 3 of 6 |
Year (2016) | 1 of 1 |
Size (of disclosed) | 5 of 6 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2015-03-09 |
Acentia
Falls Church, Virginia, United States Acentia LLC is an information technology services provider to U.S. government civilian, national security, and intelligence agencies. Acentia provides infrastructure operations, network engineering and architecture, information assurance, specialized relocation and engineering, program management, software development, and strategic planning to its customers with a focus on end-to-end IT solutions and complementary consulting services. Acentia LLC was established in 2001 and is based in Falls Church, Virginia. |
Buy | $300M |
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 | - |