Green Touch Builders | Maximus to buy Acentia in $300 million deal
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March 9, 2015 By SEO Admin

Maximus to buy Acentia in $300 million deal

Reston-based Maximus Inc. signed a definitive agreement to buy Acentia for $300 million — the latest in a rapid string of acquisitions among mid-tier contractors.

Maximus (NYSE: MMS), which reported $1.7 billion in 2014 revenue, is buying the Falls Church-based technology contractor from private equity firm Snow Phipps Group LLC to expand its federal services business. It will add about 1,000 employees to the workforce.

“Acentia introduces new contract vehicles and capabilities that complement…