Maximus Completes Divestiture of Australia and South Korea in Outside the U.S. Segment
Maximus (NYSE: MMS), a leading government services provider, announced the completion of its divestiture of operations in Australia and South Korea, part of its Outside the U.S. segment. The purchaser, Angus Knight, operates in seven countries, focusing on employment, education, health, and community services. Maximus has been in Australia since 2002 and South Korea since 2020, with over 1,200 employees transitioning to Angus Knight. This move follows prior divestitures in Sweden, Italy, Singapore, and Canada.
According to CEO Bruce Caswell, this transaction aligns with Maximus' strategy to optimize its Outside the U.S. portfolio. The combined annual revenue run-rate for the divested entities was around $120 million, with an estimated $100 million impact on fiscal year 2025 revenue guidance. The transaction is expected to be slightly accretive to fiscal year 2025 adjusted EBITDA margin and adjusted diluted EPS guidance, excluding non-cash foreign exchange losses. The margin outlook for the Outside the U.S. segment is projected to improve to between 3% and 5%.
Maximus (NYSE: MMS), un fornitore leader di servizi governativi, ha annunciato il completamento della sua disinvestimento delle operazioni in Australia e Corea del Sud, parte del suo segmento al di fuori degli Stati Uniti. L'acquirente, Angus Knight, opera in sette paesi, concentrandosi su occupazione, istruzione, salute e servizi alla comunità. Maximus è presente in Australia dal 2002 e in Corea del Sud dal 2020, con oltre 1.200 dipendenti che passano ad Angus Knight. Questa mossa segue disinvestimenti precedenti in Svezia, Italia, Singapore e Canada.
Secondo il CEO Bruce Caswell, questa transazione è in linea con la strategia di Maximus per ottimizzare il suo portafoglio al di fuori degli Stati Uniti. Il fatturato annuale combinato per le entità disinvestite era di circa $120 milioni, con un impatto stimato di $100 milioni sulle previsioni di fatturato per l'anno fiscale 2025. Si prevede che la transazione avrà un leggero effetto positivo sul margine EBITDA rettificato per l'anno fiscale 2025 e sulle previsioni di utile per azione (EPS) diluito rettificato, escludendo le perdite di cambio non monetarie. Le prospettive per il margine del segmento al di fuori degli Stati Uniti sono previste in miglioramento, situandosi tra il 3% e il 5%.
Maximus (NYSE: MMS), un proveedor líder de servicios gubernamentales, anunció la finalización de su desinversión de operaciones en Australia y Corea del Sur, parte de su segmento fuera de EE.UU. El comprador, Angus Knight, opera en siete países, centrándose en empleo, educación, salud y servicios comunitarios. Maximus ha estado en Australia desde 2002 y en Corea del Sur desde 2020, con más de 1,200 empleados en transición a Angus Knight. Este movimiento sigue a desinversiones previas en Suecia, Italia, Singapur y Canadá.
Según el CEO Bruce Caswell, esta transacción se alinea con la estrategia de Maximus para optimizar su cartera fuera de EE.UU. La tasa de ingresos anual combinada para las entidades desinvertidas era de alrededor de $120 millones, con un impacto estimado de $100 millones en la guía de ingresos para el año fiscal 2025. Se espera que la transacción tenga un ligero efecto positivo en el margen EBITDA ajustado para el año fiscal 2025 y en la guía de EPS diluido ajustado, excluyendo las pérdidas por cambios de divisas no monetarias. Se prevé que las perspectivas de margen para el segmento fuera de EE.UU. mejoren entre el 3% y el 5%.
맥시무스 (NYSE: MMS)는 정부 서비스의 선도적인 공급업체로서 호주와 한국에서의 운영 매각 완료를 발표했습니다. 이는 미국 외 영역의 일부입니다. 매입자인 앤거스 나이트는 고용, 교육, 건강 및 지역 사회 서비스에 중점을 두고 7개국에서 운영되고 있습니다. 맥시무스는 2002년부터 호주에, 2020년부터 한국에 존재했으며, 1,200명 이상의 직원이 앤거스 나이트로 전환됩니다. 이 조치는 스웨덴, 이탈리아, 싱가포르 및 캐나다에서의 이전 매각에 이어 이루어진 것입니다.
CEO인 브루스 캐스웰(Bruce Caswell)에 따르면, 이번 거래는 맥시무스의 미국 외 포트폴리오를 최적화하려는 전략과 일치합니다. 매각된 법인들의 연간 수익률은 약 1억 2천만 달러였으며, 2025 회계연도 수익 전망에 약 1억 달러의 영향을 미칠 것으로 예상됩니다. 이번 거래는 비현금 외환 손실을 제외하고도 2025 회계연도 조정 EBITDA 마진 및 조정 희석 EPS 가이드를 약간 증가시킬 것으로 보입니다. 미국 외 영역의 마진 전망은 3%에서 5% 사이로 개선될 것으로 예상됩니다.
Maximus (NYSE: MMS), un fournisseur leader de services gouvernementaux, a annoncé l'achèvement de son démantèlement de ses opérations en Australie et Corée du Sud, qui font partie de son segment hors des États-Unis. L'acheteur, Angus Knight, opère dans sept pays, se concentrant sur l'emploi, l'éducation, la santé et les services communautaires. Maximus est présent en Australie depuis 2002 et en Corée du Sud depuis 2020, avec plus de 1 200 employés en transition vers Angus Knight. Ce mouvement fait suite à des démantèlements précédents en Suède, en Italie, à Singapour et au Canada.
Selon le PDG Bruce Caswell, cette transaction s'aligne avec la stratégie de Maximus visant à optimiser son portefeuille hors des États-Unis. Le chiffre d'affaires annuel combiné des entités cédées était d'environ 120 millions de dollars, avec un impact estimé de 100 millions de dollars sur les prévisions de revenus pour l'exercice fiscal 2025. La transaction devrait avoir un léger impact positif sur la marge EBITDA ajustée pour l'exercice fiscal 2025 et les prévisions de bénéfice par action dilué ajusté, excluant les pertes de change non monétaires. Les perspectives de marge pour le segment hors des États-Unis devraient s'améliorer entre 3 % et 5 %.
Maximus (NYSE: MMS), ein führender Anbieter von Regierungsdienstleistungen, gab den Abschluss seiner Veräußerung von Betriebsstätten in Australien und Südkorea bekannt, die Teil seines Segments außerhalb der USA ist. Der Käufer, Angus Knight, ist in sieben Ländern tätig und konzentriert sich auf Beschäftigung, Bildung, Gesundheit und Gemeinschaftsdienste. Maximus ist seit 2002 in Australien und seit 2020 in Südkorea tätig, wobei über 1.200 Mitarbeiter zu Angus Knight wechseln. Dieser Schritt folgt früheren Veräußern in Schweden, Italien, Singapur und Kanada.
Laut CEO Bruce Caswell steht diese Transaktion im Einklang mit der Strategie von Maximus, sein Portfolio außerhalb der USA zu optimieren. Der kombinierte jährliche Umsatzlauf für die veräußerten Einheiten betrug etwa 120 Millionen US-Dollar, mit einer geschätzten Auswirkung von 100 Millionen US-Dollar auf die Umsatzprognose für das Geschäftsjahr 2025. Es wird erwartet, dass die Transaktion einen leichten Akzent auf die angepasste EBITDA-Marge für das Geschäftsjahr 2025 und die angepasste verwässerte EPS-Prognose hat, ohne nicht zahlungswirksame Währungsverlusten. Die Margenausblicke für das Segment außerhalb der USA werden voraussichtlich zwischen 3 % und 5 % besser.
- Estimated $100 million impact on fiscal year 2025 revenue guidance.
- Slightly accretive to fiscal year 2025 adjusted EBITDA margin and adjusted diluted EPS guidance.
- Margin outlook for Outside the U.S. segment improves to 3%-5%.
- Divestiture-related charges largely related to non-cash realized foreign exchange losses.
Insights
TYSONS, Va.--(BUSINESS WIRE)--
Maximus (NYSE: MMS), a leading provider of government services, announced today it completed the divestiture of all operations in
Primarily based around employment services, Maximus has operated in
“This transaction has been a management priority and we appreciate the immense effort by all stakeholders involved, including Angus Knight, who has proven to be an excellent partner as they welcome more of our former colleagues,” said Bruce Caswell, President and Chief Executive Officer. “This is a significant milestone in our commitment to optimize the Outside the
The combined annual revenue run-rate for the two entities under Maximus was approximately
About Maximus
As a leading strategic partner to government, Maximus helps improve the delivery of public services amid complex technology, health, economic, environmental, and social challenges. With a deep understanding of program service delivery, acute insights that achieve operational excellence, and an extensive awareness of the needs of the people being served, our employees advance the critical missions of our partners. Maximus delivers innovative business process management, impactful consulting services, and technology solutions that provide improved outcomes for the public and higher levels of productivity and efficiency of government-sponsored programs. For more information, visit maximus.com.
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Source: Maximus
FAQ
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