Guidehouse, a portfolio company of Veritas Capital, announced on Friday that the company has entered into a definitive agreement worth approximately $1.1B to acquire Navigant Consulting. The transaction is projected to conclude in the fourth quarter of 2019.
Once the acquisition is completed, the companies will bring together their respective expertise with a focus on supporting client needs in the industries of Healthcare, Financial Services, Energy, National Security, and Aerospace & Defense. Scott McIntyre, CEO of Guidehouse and 2019 Wash100 Award winner will lead the combined company once the acquisition is finalized.
“The acquisition of Navigant is the next step in our journey to create the next generation global consultancy,†said McIntyre. “Navigant is an exceptionally strong management consulting and managed services firm with some of the best minds in Healthcare, Energy and Financial Services addressing the most complex commercial challenges their clients face.â€
With complementary strengths in our focus areas, we will be strongly positioned to continue delivering innovative solutions to tackle some of the toughest challenges facing government and commercial clients, while building resilience into important missions and services. Bringing together best-in-class portfolios, highly-talented teams, and digital-first business models – we look forward to the merger and the journey to come,â€
Jefferies LLC acted as exclusive financial advisor to Navigant. Sidley Austin LLP served as legal counsel to Navigant. Schulte Roth & Zabel LLP served as legal counsel to Guidehouse and Veritas Capital.
About GuidehouseÂ
Guidehouse is a leading provider of management, technology, and risk consulting services to the public and commercial markets. We help our clients solve their toughest challenges through the co-creation of scalable, innovative solutions to prepare them for future growth and success.
Headquartered in Washington DC, the company has more than 1,800 professionals in over 20 locations. Guidehouse is a Veritas Capital portfolio company and led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets and agenda-setting issues driving national and global economies.