Bain Capital is reportedly in the final stages of acquiring Guidehouse, a consulting firm that provides advisory services to government organizations and businesses. The deal is said to value Guidehouse at $5.3 billion, including debt. An announcement of the agreement is expected to be made soon, according to sources familiar with the matter. Bain Capital has declined to comment, while Guidehouse has not yet responded to requests for comment.
This potential acquisition follows the 2018 purchase of the U.S. public sector business of accounting firm PricewaterhouseCoopers by private equity firm Veritas Capital, who then rebranded it as Guidehouse. The reported deal between Bain Capital and Guidehouse demonstrates the continued interest of private equity firms in the consulting industry.
Guidehouse, with its expertise in advising government organizations, is an attractive target for Bain Capital as it aims to expand its portfolio in the consulting sector. This acquisition could enhance Bain Capital’s capabilities and market position in providing consulting services to both public and private sector clients. However, final terms and details of the agreement have not been disclosed, and both parties have yet to make official statements regarding the potential deal.
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