Bain Capital to acquire consulting firm Guidehouse in $5.3 bln deal

Credit: REUTERS/KIM KYUNG-HOON

Adds details on deals

Nov 6 (Reuters) - Private equity firm Bain Capital will acquire government and business consulting firm Guidehouse in a deal valued at $5.3 billion, the companies said on Monday.

Mergers and acquisitions in the United States showed a rebound in volumes in the third quarter, giving hopes to dealmakers of a sustained recovery even as macroeconomic pressures persist.

Guidehouse advises government organizations such as the Department of Defense, Homeland Security as well as numerous state and local governments and businesses.

(Reporting by Devika Nair and Pritam Biswas in Bengaluru; Editing by Savio D'Souza)

((Pritam.Biswas@thomsonreuters.com;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.