TYSONS CORNER, VA April 8, 2015 — Executive Mosaic — GovCon Wire reported Tuesday on Maximus completing its all-cash purchase of information technology services provider Acentia on April 1.
The company said Monday it will detail updates to its earnings guidance in light of the $300 million acquisition and present them at its quarterly report on May 7.
“The acquired client relationships and contract vehicles serve as an additional growth platform for our U.S. federal business,” said Richard Montoni, Maximus CEO and inductee into Executive Mosaic’s Wash100 for 2015.
“We welcome the approximately 1,000 employees joining us from Acentia and are very appreciative of their strong commitment to excellent client service.”
About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com