McLEAN, VA – Guidehouse, (“Guidehouse”, or the “Company”), a leading global provider of consulting services to the public sector and commercial markets, today announced that it has entered into a definitive agreement to be acquired by an affiliate of Bain Capital Private Equity (“Bain Capital”) for $5.3 billion. Guidehouse will continue to operate under its current management team, led by Chief Executive Officer Scott McIntyre. Guidehouse has been owned by Veritas Capital (“Veritas”) since 2018.
Headquartered in McLean, Virginia, Guidehouse has broad capabilities in management, technology, and risk consulting, as well as digital services and business process outsourcing. The Company’s expertise spans a wide range of industries, including defense & security, energy, infrastructure & sustainability, financial services and health. Guidehouse boasts a global presence with over 17,000 professionals spread across more than 55 locations worldwide. The Company’s dedicated experts assist clients in tackling intricate challenges, managing rigorous regulatory demands, and enabling transformational change, business resiliency, and technology-driven innovation.
“On behalf of the entire Guidehouse team, we’re delighted to embark on the next phase of our growth in partnership with Bain Capital who shares our people-first culture, consulting heritage, and commitment to embracing complexity,” said Guidehouse CEO Scott McIntyre. “Together, we see significant opportunities to capitalize on attractive marketplace dynamics to further grow the business with our best-in-class client delivery capabilities. We look forward to an impactful partnership with the Bain Capital team leveraging their resources and operational expertise as we work towards building our next generation consultancy with an unwavering commitment to creating the scalable, innovative solutions our clients need to succeed in this increasingly digital and complex environment.”
“Guidehouse has established a clear leadership position in its space using a differentiated model built on collaboration, expertise, and great execution,” said Joe Robbins, a Partner at Bain Capital. “We are excited to partner with Scott and his proven management team to continue growing organically and inorganically in an industry with strong, long-term fundamental tailwinds,” added Robbins.
“We are proud of our successful partnership with Guidehouse and the Company’s continued track record of growth, serving as a valuable partner to address the critical needs of its clients,” said Ramzi Musallam, Chief Executive Officer and Managing Partner of Veritas. “Over the past five years, we have worked closely with Scott and his team to strategically position the Company by scaling its footprint, expertise, and capabilities in an effort to bring differentiated solutions to its customers across key end markets in the commercial and public sectors.”
Baird is serving as financial advisor to Bain Capital. PricewaterhouseCoopers LLP is serving as accounting advisor, and Kirkland & Ellis LLP is serving as legal counsel to Bain Capital. Guggenheim Securities LLC, Jefferies LLC and Goldman Sachs & Co. LLC are serving as financial advisors to Guidehouse and Veritas. Milbank LLP and Covington & Burling LLP are serving as legal counsel to Guidehouse and Veritas.