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New Deal


Announced

Completed

Veritas Capital-backed Guidehouse completed the acquisition of Macquarie Capital-backed Dovel Technologies for $790m.

Financials

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Transaction Value£596m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Friendly

Single Bidder

IT Services: Other

advanced technologies

United States

Private Equity

Acquisition

Majority

Private

Completed

Synopsis

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Veritas Capital-backed Guidehouse, a global provider of consulting services to the public sector and commercial markets, completed the acquisition of Macquarie Capital-backed Dovel Technologies, a software solutions creator. Financial terms are not disclosed. "With the Dovel acquisition now complete, we are thrilled to join forces and welcome our new colleagues to Guidehouse as we combine our technology-first business models and share our strengthened capabilities. Together, we will empower clients through innovative technology and differentiated solutions to help them overcome their most complex challenges," Scott McIntyre, Guidehouse CEO.

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