Guidehouse, a portfolio company of Veritas Capital and provider of management consulting services to government clients, announced in a public release that it has entered into a definitive agreement to acquire Navigant Consulting, Inc. in a transaction valued at approximately $1.1 billion. The closing of this transaction, subject to regulatory approvals and customary closing conditions, is expected to occur in the fourth quarter of this year.
Upon closing, the newly combined entity will bring together each organization’s strong expertise in highly regulated industries across both the commercial and government sectors, with a focus on supporting client needs in the industries of Healthcare, Financial Services, Energy, National Security, and Aerospace & Defense.
Following the close of the transaction, the combined company will be led by Scott McIntyre, Chief Executive Officer of Guidehouse, and practice team leaders from both companies.
Julie Howard, Chairman and Chief Executive Officer of Navigant said, “Our companies are aligned with similar cultures and strong core values. Through the integration of our two firms, our employees will enjoy expanded growth opportunities, and our combined clients will access a wider array of expertise, tools, and technologies to help them achieve their goals.”
