M&A

Guidehouse closes Navigant acquisition

Guidehouse said Friday it has closed the company’s acquisition of Navigant Consulting in a transaction that significantly moves the needle on scale among commercial customers and particularly those in highly-regulated markets.

The deal first announced in August increases Guidehouse’s headcount to around 7,000 employees in 50 offices around the world that support both government and commercial clients in fields like health care, financial services, energy, national security, and aerospace-and-defense.

Analysts at credit ratings agency Moody’s Investor Service noted in September that Guidehouse’s revenue including Navigant will be around $1.3 billion with expectations of compound annual growth at 3-to-5 percent in the near term, even with the loss of a large prime contract in its last fiscal year.

When I spoke with Guidehouse CEO Scott McIntyre after the initial announcement, he pointed to how clients in government and commercial markets often keep up with what is happening on the other side.

“Banking and capital markets clients on the commercial side want to know what’s going on, on the regulatory side,” McIntyre said then. “Our clients in government are keenly interested in what are emerging practices, trends (and) tools that are serving the commercial industry and they want to make sure they have the best.”

McLean, Virginia-based Guidehouse announced it would make the acquisition on the heels of the consulting firm's one-year anniversary as a standalone company held by private equity firm Veritas Capital, which acquired the business when it was the U.S. public sector arm of PriceWaterhouseCoopers.

About the Author

Ross Wilkers is a senior staff writer for Washington Technology. He can be reached at rwilkers@washingtontechnology.com. Follow him on Twitter: @rosswilkers. Also find and connect with him on LinkedIn.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • POWER TRAINING: How to engage your customers

    Don't miss our Aug. 2 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman interviews Tom Romeo, the leader of Maximus Federal about how it has zoomed up the 2019 Top 100. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.