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Veritas looking into Guidehouse sale or IPO at $7bn valuation

Veritas Capital is considering a sale or IPO for portfolio company Guidehouse, which could value the business at $7 billion, according to a Bloomberg report.

Veritas Capital is considering a sale or IPO for portfolio company Guidehouse, which could value the business at $7 billion, according to a Bloomberg report.

Veritas is working with advisers to consider options and the potential sale would likely draw interest from other private equity firms and consultants, the sources in the report said. 

Virginia-based Guidehouse is the successor to PricewaterhouseCoopers LLP’s public sector business, which Veritas acquired in 2018 for an undisclosed sum. It offers a range of consulting services to businesses and government entities.

Veritas raised $6.5 billion for its seventh fund in 2019.

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