Attain, LLC Restructures, Launches Attain Partners

Rhea-AI Summary

On March 1, 2021, Attain, LLC announced a restructuring that separates its divisions into two companies. The federal business will remain under the name Attain, LLC and has been acquired by Maximus (NYSE: MMS). The education, nonprofit, healthcare, and local government division will operate as Attain Partners. This strategic move aims to enhance innovation and growth opportunities for both companies, with Attain Partners set to benefit from increased funding for strategic investments across its sectors.

Positive

• Maximus acquires Attain's federal business, expanding its government service offerings.
• Attain Partners gains funding for strategic investments to enhance services in education, nonprofit, healthcare, and government sectors.
• The restructuring is expected to provide growth opportunities and attract top talent.

Negative

• None.

MCLEAN, Va., March 1, 2021 /PRNewswire/ -- Attain, LLC, a leading management, technology, and compliance consulting firm, announced that the company has restructured, separating its operating divisions into two companies. The education, nonprofit, healthcare, and state and local government division will remain privately-owned and will operate under the name Attain Partners. The federal business, which will maintain the name Attain, LLC, was acquired today by Maximus (NYSE: MMS), a leading provider of government services worldwide.

Leveraging deep industry expertise and a consultative approach to business solutions, Attain Partners delivers forward-leaning services that yield exceptional results. The firm serves clients across the public sector, including 100% of the Ivy League, more than 70 of the top 100 U.S. Research Institutions, and nearly 150 of the nation's largest nonprofit organizations, and has completed more than 900 Salesforce projects.

"We are confident that this new direction is a very positive step forward for our teams," shared Attain President and COO Manish Agarwal. "The acquisition of the federal practice by Maximus provides a unique opportunity to bring further innovation at scale for our clients in the federal market and growth opportunities for our people. The transaction also will infuse Attain Partners with the funding to make strategic investments that significantly increase its services and solutions across the education, nonprofit, healthcare, and state and local government landscapes," he said.

"I am excited to accelerate the growth of the Attain Partners business by providing investment capacity to realize the vision of building a next generation, asset-powered consultancy and enabling us to attract top talent, innovate market-leading solutions, and make strategic acquisitions," said Greg Baroni, Attain Partners Chairman and CEO, and founder of Attain, LLC.

About Attain Partners
Based in McLean, Va., Attain Partners is a leading management, technology, and compliance consulting firm delivering services and solutions to advance client missions across the education, nonprofit, healthcare, and state and local government landscapes. For more information, please visit attainpartners.com.

 

View original content to download multimedia:http://www.prnewswire.com/news-releases/attain-llc-restructures-launches-attain-partners-301237133.html

SOURCE Attain Partners

FAQ

What recent changes occurred at Maximus related to Attain, LLC?

On March 1, 2021, Maximus acquired the federal business of Attain, LLC as part of a restructuring.

What is the significance of the acquisition of Attain's federal business by Maximus?

The acquisition allows Maximus to expand its government services while providing Attain Partners with funding for growth.

What will happen to the divisions of Attain, LLC?

Attain, LLC's federal business remains under the same name, while its other divisions will operate as Attain Partners.

How will Attain Partners benefit from the restructuring?

Attain Partners will receive funding to enhance its services across various sectors, including education and healthcare.

What is the ticker symbol for Maximus?

Maximus trades under the ticker symbol MMS.