By Ovunc Kutlu
ISTANBUL (AA) - US-based private investment firm Bain Capital announced Monday it will acquire American management consultancy firm Guidehouse for $5.3 billion.
"Guidehouse has broad capabilities in management, technology, and risk consulting, as well as digital services and business process outsourcing," Bain Capital said in a statement.
Guidehouse's expertise includes defense and security, energy, infrastructure, financial services and health. while it employs 17,000 professionals across 55 locations worldwide, it added.
"Together, we see significant opportunities to capitalize on attractive marketplace dynamics to further grow the business with our best-in-class client delivery capabilities," Guidehouse CEO Scott McIntyre said in the statement.
Bain Capital is a private and an employee-owned company.