Bain Capital Private Equity Acquires Guidehouse from Veritas Capital

Guidehouse (Veritas Capital-backed) Acquires Navigant Consulting for $1.1 Billion

August 2, 2019

Professional Services

Guidehouse, a Veritas Capital portfolio company, agreed to acquire Navigant Consulting, Inc. for approximately $1.1 billion in cash ($28.00 per share). The deal combines Guidehouse's public-sector consulting strengths with Navigant's commercial expertise across healthcare, energy and financial services to create a global consultancy with expanded scale and capabilities.

Guidehouse (Veritas Capital) Acquires Dovel Technologies from Macquarie Capital

October 18, 2021

Government & Public Sector

Guidehouse, a Veritas Capital portfolio company, has acquired Dovel Technologies from Macquarie Capital. The add-on expands Guidehouse's technology and advanced analytics capabilities in health IT, life sciences, public safety and grants management, and brings roughly 1,800–1,900 employees into the combined firm.

Guidehouse Acquires Grant Thornton Public Sector Advisory Practice

August 22, 2022

Professional Services

Guidehouse, a Veritas Capital portfolio company, signed an agreement to acquire Grant Thornton LLP’s Public Sector Advisory practice. The deal brings additional public-sector consulting professionals to Guidehouse and is expected to close in the second half of 2022; it was later completed on October 3, 2022.

Veritas Capital to Acquire Houghton Mifflin Harcourt (HMH) for $2.8 Billion

February 22, 2022

Education

Houghton Mifflin Harcourt (HMH) entered into a definitive merger agreement with affiliates of Veritas Capital to acquire the company for $21 per share, implying an equity value of about $2.8 billion. The transaction was completed via a tender offer, with HMH becoming a wholly-owned subsidiary of Veritas and ceasing trading on NASDAQ.

Hellman & Friedman and Bain Capital Acquire athenahealth for $17 Billion

February 15, 2022

Cloud & SaaS

Affiliates of Hellman & Friedman and Bain Capital completed the $17 billion acquisition of athenahealth from Veritas Capital and Evergreen Coast Capital. The deal brings in additional coinvestors (including an affiliate of GIC and a subsidiary of ADIA) while Veritas and Evergreen each retain minority investments as the buyers look to scale athenahealth's cloud-based healthcare SaaS platform.

Veritas Capital and Evergreen Coast Capital Acquire athenahealth

February 11, 2019

Healthcare Services

An affiliate of Veritas Capital and Evergreen Coast Capital (Elliott affiliate) completed the acquisition of athenahealth, Inc. for approximately $5.7 billion in cash. The deal combines athenahealth with Veritas-owned Virence Health under the athenahealth brand, creating a larger healthcare IT provider headquartered in Watertown, Massachusetts, led by Bob Segert.