Bain Capital said it would acquire Guidehouse, a consulting firm that advises government organizations and businesses, in a deal valuing it at $5.3 billion including debt…
… In 2018, Veritas Capital, which invests in businesses at the intersection of government and technology, acquired the U.S. public-sector consulting business of Big Four accounting firm PricewaterhouseCoopers for an undisclosed price and rebranded it as Guidehouse.
Guidehouse provides management and technology consulting and other services to federal-government agencies including the Departments of Defense, Homeland Security and Veterans Affairs, and to state and local governments, as well as businesses.
Based in McLean, Va., Guidehouse has expanded in a series of its own acquisitions, including Navigant Consulting in 2019, Dovel Technologies in 2021 and Grant Thornton’s public-sector advisory practice last year. The purchases, along with in-house development, helped fuel Guidehouse’s growth, bringing its annual revenue from nearly $600 million in 2018 to an expected more than $3 billion for 2023, the firm said.
Guidehouse would continue to jointly serve governments and businesses and retain its strategy around…
Source: Bain to Buy Guidehouse in $5 Billion Deal. By Mark Maurer and Laura Cooper. November 6, 2023. Wall Street Journal.
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