Guidehouse, Leading Global Provider of Consulting Services, to be Acquired by Bain Capital Private Equity

MCLEAN, VA — Guidehouse, (“Guidehouse”, or the “Company”), a leading global provider of consulting services to the public sector and commercial markets, today announced that it has entered into a definitive agreement to be acquired by an affiliate of Bain Capital Private Equity (“Bain Capital”) for $5.3 billion. Guidehouse will continue to operate under its current management team, led by Chief Executive Officer Scott McIntyre. Guidehouse has been owned by Veritas Capital (“Veritas”) since 2018.

Headquartered in McLean, Virginia, Guidehouse has broad capabilities in management, technology, and risk consulting, as well as digital services and business process outsourcing. The Company’s expertise spans a wide range of industries, including defense & security, energy, infrastructure & sustainability, financial services and health. Guidehouse boasts a global presence with over 17,000 professionals spread across more than 55 locations worldwide. The Company’s dedicated experts assist clients in tackling intricate challenges, managing rigorous regulatory demands, and enabling transformational change, business resiliency, and technology-driven innovation.

"On behalf of the entire Guidehouse team, we're delighted to embark on the next phase of our growth in partnership with Bain Capital who shares our people-first culture, consulting heritage, and commitment to embracing complexity,” said Guidehouse CEO Scott McIntyre. “Together, we see significant opportunities to capitalize on attractive marketplace dynamics to further grow the business with our best-in-class client delivery capabilities. We look forward to an impactful partnership with the Bain Capital team leveraging their resources and operational expertise as we work towards building our next generation consultancy with an unwavering commitment to creating the scalable, innovative solutions our clients need to succeed in this increasingly digital and complex environment."

“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. “We are excited to partner with Scott and his proven management team to continue growing organically and inorganically in an industry with strong, long-term fundamental tailwinds,” added Robbins.

“We are proud of our successful partnership with Guidehouse and the Company’s continued track record of growth, serving as a valuable partner to address the critical needs of its clients,” said Ramzi Musallam, Chief Executive Officer and Managing Partner of Veritas. “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.”

Baird is serving as financial advisor to Bain Capital. PricewaterhouseCoopers LLP is serving as accounting advisor, and Kirkland & Ellis LLP is serving as legal counsel to Bain Capital. Guggenheim Securities LLC, Jefferies LLC and Goldman Sachs & Co. LLC are serving as financial advisors to Guidehouse and Veritas. Milbank LLP and Covington & Burling LLP are serving as legal counsel to Guidehouse and Veritas.

About Guidehouse

Guidehouse is a leading global provider of consulting services to the public sector and commercial markets, with broad capabilities in management, technology, and risk consulting. By combining our public and private sector expertise, we help clients address their most complex challenges and navigate significant regulatory pressures focusing on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that help our clients outwit complexity and position them for future growth and success. The company has more than 17,000 professionals in over 55 locations globally. Guidehouse is led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit guidehouse.com.

About Bain Capital Private Equity

Bain Capital Private Equity has partnered closely with management teams to provide the strategic resources that build great companies and help them thrive since its founding in 1984. Bain Capital Private Equity's global team of more than 280 investment professionals creates value for its portfolio companies through its global platform and depth of expertise in key vertical industries including healthcare, consumer/retail, financial and business services, industrials, and technology, media and telecommunications. Bain Capital has 23 offices on four continents. Since its inception, the firm has made primary or add-on investments in more than 1,150 companies. 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 and leveraging the firm's shared platform to capture opportunities in strategic areas of focus. For more information, please visit: https://www.baincapitalprivateequity.com/.

About Veritas Capital

Veritas is a longstanding technology investor with over $40 billion of assets under management and a focus on companies operating at the intersection of technology and government. The firm invests in companies that provide critical products, software, and services, primarily technology and technology-enabled solutions, to government and commercial customers worldwide. Veritas seeks to create value by strategically transforming the companies in which it invests through organic and inorganic means. Leveraging technology to make a positive impact across vitally important areas, such as healthcare, education, and national security, is core to the firm. Veritas is a proud steward of national assets, improving the quality of healthcare while reducing cost, advancing our educational system, and protecting our nation and allies. For more information, visit www.veritascapital.com.