Bain Capital to Buy Consulting Business for $5.3B

Bain Capital Private Equity has acquired Guidehouse, a provider of consulting services to the public sector and commercial markets, from Veritas Capital for $5.3 billion, including debt.

Guidehouse will continue to operate under its current management team, led by CEO Scott McIntyre.

Guidehouse, headquartered in McLean, VA, has expertise in the defense and security, energy, infrastructure and sustainability, financial services, and health industries. Guidehouse provides advice to government entities such as Homeland Security and the United States Department of Defense, as well as various state and local governments and enterprises.

“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.

Veritas Capital has owned Guidehouse since 2018, when the private equity firm purchased Big Four firm PwC’s U.S. public sector division and rebranded it as Guidehouse.

In addition to private equity, Bain Capital invests across multiple asset classes, including credit, public equity, venture capital and real estate, managing approximately $180 billion in total assets.

Veritas is a technology investor with over $40 billion of assets under management with a focus on companies operating at the intersection of technology and government.