Maximus Completes Divestiture of Australia and South Korea in Outside the U.S. Segment
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