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Bain close to buying consulting firm Guidehouse in $5 billion deal- WSJ

Published 11/05/2023, 09:16 PM
Updated 11/05/2023, 09:40 PM
© Reuters. FILE PHOTO: The logo of Bain Capital is displayed on the screen during a news conference in Tokyo, Japan October 5, 2017. REUTERS/Kim Kyung-Hoon/File photo

(Reuters) -Bain Capital is close to acquiring Guidehouse, a consulting firm that advises government organizations and businesses, in a deal valuing it at $5.3 billion including debt, the Wall Street Journal reported on Sunday.

An agreement could be announced as soon as Monday, the report said, citing people familiar with the situation.

© Reuters. FILE PHOTO: The logo of Bain Capital is displayed on the screen during a news conference in Tokyo, Japan October 5, 2017. REUTERS/Kim Kyung-Hoon/File photo

Bain Capital declined to comment when contacted by Reuters, while Guidehouse did not immediately respond to a request for comment.

Private equity firm Veritas Capital acquired the U.S. public sector business of accounting firm PricewaterhouseCoopers in 2018 and rebranded it as Guidehouse.

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