The Los Angeles Post
California & Local U.S. World Business Lifestyle
Today: January 14, 2025
Today: January 14, 2025

Bain Capital to acquire consulting firm Guidehouse in $5.3 billion deal

The logo of Bain Capital is displayed on the screen during a news conference in Tokyo
April 26, 2024
Reuters - Reuters

(Reuters) -Private equity firm Bain Capital will acquire government and business consulting firm Guidehouse in a deal valued at $5.3 billion, the companies said on Monday.

Mergers and acquisitions in the United States showed a rebound in volumes in the third quarter, giving hopes to dealmakers of a sustained recovery even as macroeconomic pressures persist.

Guidehouse advises government organizations such as the Department of Defense, Homeland Security as well as numerous state and local governments and businesses.

(Reporting by Devika Nair and Pritam Biswas in Bengaluru; Editing by Savio D'Souza)

Related

Business|Economy|Finance|Stock Markets|US

United Rentals to acquire H&E Equipment Services in deal valued at $4.8 billion

United Rentals said on Tuesday it would acquire smaller rival H&E Equipment Services in a deal valued at $4.8 billion, as the company looks to tap into demand for equipment rentals.

United Rentals to acquire H&E Equipment Services in deal valued at $4.8 billion
Business|Crime|Political|Technology|World

Russian fines Google $78 million for ignoring previous penalties

A Russian court fined Alphabet's Google 8 billion roubles ($77.9 million) on Tuesday for not complying with previous penalty orders, the Moscow courts press service said on Telegram.

Russian fines Google $78 million for ignoring previous penalties
Business|Europe|Political|Technology

EU says Trump arrival will not impact Big Tech cases

The European Commission said on Tuesday it was assessing its cases against Apple, Google and Meta and that President-elect Donald Trump's impending arrival in the White House did

EU says Trump arrival will not impact Big Tech cases
Business|Economy|Europe|Finance|Political

Italian firms gloomier on outlook amid trade war fears, central bank survey shows

Pessimism about the economic outlook has increased among Italian businesses as worries about an international trade war weigh on sentiment, the Bank of Italy said in a survey

Italian firms gloomier on outlook amid trade war fears, central bank survey shows
Share This

Popular

Business|Food|US

Starbucks’ new rules: Buy something or get out

Starbucks’ new rules: Buy something or get out
Business|Economy|Environment|Europe|Political

World must urgently streamline green bond 'taxonomies' - IFC

World must urgently streamline green bond 'taxonomies' - IFC
Business|Economy|Finance|Food|US

Hormel Foods' long-time CEO James Snee to retire

Hormel Foods' long-time CEO James Snee to retire
Business|Political|Science|Technology|US

Biden to issue executive order to ensure power for AI data centers

Biden to issue executive order to ensure power for AI data centers