Guidehouse to Buy Navigant Consulting, For $1.1 Billion

guidehouseGuidehouse, a provider of management consulting services to government clients, is to acquire Navigant Consulting, Inc. (NYSE: NCI), a specialized, global professional services firm, in a deal valued at approximately $1.1 billion.

The acquisition – whose close is subject to regulatory approvals and customary closing conditions and expected to occur in the fourth quarter of this year – creates a professional services firm with leverageable capabilities across public and commercial markets.
Upon closing, the newly combined entity will bring together each organization’s 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 deal, the combined company will be led by Scott McIntyre, Chief Executive Officer of Guidehouse, and practice team leaders from both companies.

Led by Julie Howard, Chairman and Chief Executive Officer, Navigant Consulting is a specialized, global professional services firm that applies industry knowledge, technical expertise across a range of advisory, consulting, outsourcing, and technology/analytics services, and an enterprising approach to allow clients to build, manage, and/or protect their business interests.
With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the firm primarily serves clients in the healthcare, energy, and financial services industries.

Led by Scott McIntyre, Chief Executive Officer, Guidehouse is a provider of strategic advisory services to customers such as the Department of Defense, Homeland Security, Veterans Affairs, Health and Human Services, and the Department of State, as well as numerous state and local governments and multilateral agencies. A portfolio company of Veritas Capital, the firm has 2,000 professionals in over 20 locations.

FinSMEs

05/08/2019

Join the discussion