General Dynamics

  • Date/Status
  • Client
  • Description
  • Transaction Value
  • November 16, 2018
  • Exclusive Financial Advisor to General Dynamics on its divestiture of GDIT’s large-scale, U.S. Federal citizen-engagement centers
  • $400 million

MAXIMUS announced today that it has signed a definitive asset purchase agreement to acquire certain assets of General Dynamics Information Technology’s large-scale, citizen-engagement centers in the U.S. Federal civilian market. The acquisition is expected to strengthen MAXIMUS position in the administration of federal government programs across the United States. The $400 million all cash transaction is expected to close in mid-November and is subject to customary closing conditions.