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MMS > SEC Filings for MMS > Form 8-K on 1-Jul-2013All Recent SEC Filings

Show all filings for MAXIMUS INC

Form 8-K for MAXIMUS INC


Other Events, Financial Statements and Exhibits

Item 8.01 Other Events.

On July 1, 2013 MAXIMUS, Inc. ("Company") signed a definitive Stock Purchase Agreement under which it acquired 100% of the issued and outstanding shares of Health Management Limited, a private company incorporated in England and Wales, for total consideration of approximately $79.4 million (52.2 million) consisting of $71.8 million (47.2 million) cash and shares of MAXIMUS, Inc. worth $7.6 million (5.0 million).

The purchase price represents a multiple of approximately 15.7 times the estimated net income for the twelve months ended June 30, 2013 of $5.1 million (3.3 million).

On July 1, 2013, the Company issued a press release announcing the acquisition. The full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference into this Item 8.01.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. The following exhibit is being furnished pursuant to Item 8.01 above.

Exhibit No. Description

99.1 Press release dated July 1, 2013

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