“Guidehouse, a portfolio company of Veritas Capital and leading provider of strategic advisory and technology services to the commercial and public sector markets with strong expertise in the highly regulated industries of healthcare, financial services, energy & infrastructure, national security, and aerospace & defense, today announced the completion of its acquisition of Dovel Technologies (‘Dovel’), a portfolio company of Macquarie Capital. Financial terms were not disclosed.
Dovel adds market leading domain expertise in Health, Human Services, and Public Safety with cutting-edge technologies in advanced data analytics and artificial intelligence, enterprise digital modernization and system integration, and cloud adoption and infrastructure optimization to complement Guidehouse’s service offerings, particularly in the Health, National Security, and Energy, Sustainability & Infrastructure sectors. The acquisition creates a powerful, technology-driven organization characterized by deep industry experience and distinguished technical capabilities.
With this acquisition, Guidehouse adds an employee base of more than 1,900 individuals to pursue the opportunities ahead as part of a combined enterprise that is expected to generate over $2 billion in annual revenue.
‘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,’ said Scott McIntyre, Chief Executive Officer of Guidehouse. ‘Together, we will empower clients through innovative technology and differentiated solutions to help them overcome their most complex challenges.’…” Read the full press release here.
Source: Guidehouse Completes Acquisition of Dovel Technologies – October 18, 2021. Guidehouse.
Veritas Capital-backed Guidehouse to Acquire Dovel Technologies (September 9, 2021)
Reply to this post...