Maximus provides VES financials: 2020 revenue $364.7M, net income $52.2M; pro forma impact and $1.5B debt

MAXIMUS, INC.

VES 2020 net revenue $364.7M, net income $52.2M (14.3% margin); 2019 net income $71.2M (20.3% margin).
Acquisition financed with $1.1B term loan A, $400M term loan B, and $600M revolving credit facility.
Pro forma combined financials filed for FY2020 and six months ended March 31, 2021.
VES derives all revenue from U.S. Department of Veterans Affairs contracts.

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