Ireland Degges
Guidehouse has confirmed its agreement to be acquired by a Bain Capital Private Equity affiliate for $5.3 billion.
The company’s executive team will remain in their roles, with Scott McIntyre continuing as CEO, Guidehouse announced from McLean, Virginia on Monday.
McIntyre, a seven-time Wash100 Award winner, said Guidehouse is “delighted to embark on the next phase of our growth” with Bain Capital, which also holds a “people-first culture, consulting heritage and commitment to embracing complexity.”
“Together, we see significant opportunities to capitalize on attractive marketplace dynamics to further grow the business with our best-in-class client delivery capabilities,” he added.
Since 2018, Guidehouse has been owned by Veritas Capital. Ramzi Musallam, CEO and managing partner of Veritas and an eight-time Wash100 Award recipient, said the organization is proud of its “successful partnership with Guidehouse” and the firm’s ongoing expansion.
“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,” Musallam elaborated.
Guidehouse currently employs over 17,000 individuals spanning 55 locations globally. The firm’s portfolio includes management, technology and risk consulting, digital services and business process outsourcing for clients in the defense and security, energy, infrastructure and sustainability, financial services and health industries.
Joe Robbins, a partner at Bain Capital, said Guidehouse has “established a clear leadership position in its space using a differentiated model built on collaboration, expertise and great execution.”
He shared his excitement to work with McIntyre and his team “to continue growing organically and inorganically in an industry with strong, long-term fundamental tailwinds.”
Baird is advising Bain Capital on the financial elements of the acquisition, while PricewaterhouseCoopers is serving as accounting advisor and Kirkland & Ellis is providing legal counsel. Guidehouse and Veritas are receiving financial advising from Guggenheim Securities, Jefferies and Goldman Sachs & Co. Milbank and Covington & Burling are serving as legal counsel for the two organizations.
