navigant consulting, inc acquired

The per share purchase price represents a premium of 16% percent over the company’s closing stock price on August 1, 2019, the last trading day prior to today’s announcement, and 26% percent over the company’s 90-day volume-weighted average share price. The combination significantly deepens the industry expertise that Guidehouse delivers to its clients, across both the commercial and government sectors, in the highly regulated industries of healthcare, financial services, energy, national security, and aerospace & defense. Jefferies LLC acted as exclusive financial advisor to Navigant. Navigant Consulting, Inc. (NYSE: NCI) is a specialized, global professional services firm that helps clients take control of their future. The stock was a component of the S&P 600 index. The Illinois firm, which had adopted the name second and was also involved in a shareholder lawsuit, was sometimes confused with Navigant International. Veritas Capital-backed Guidehouse to Acquire Navigant Consulting, Inc. for $1.1 Billion Creates leading professional services firm with … The combined organization will operate under the Guidehouse name, and will be led by Scott McIntyre, Chief Executive Officer of Guidehouse, and practice team leaders from both companies. Navigant Consulting Inc. company facts, information and financial ratios from MarketWatch. Combined firm offers global footprint, deeper expertise across key markets and broader solutions capabilities The combined organization will operate under the Guidehouse name, and will be led by Scott McIntyre, Chief Executive Officer of Guidehouse, and … Guidehouse, with our combination of public and private sector expertise, is at the forefront of the emerging model of professional services that can address this new market opportunity.”, Ramzi Musallam, CEO and Managing Partner of Veritas Capital said, “Guidehouse is now a scaled, differentiated platform with world-class capabilities across both the commercial and public sectors. Navigant was acquired by Guidehouse in 2019. In 2000, Navigant initiated a lawsuit against Navigant Consulting of Chicago over the use of its name. Under the terms of the agreement, Navigant shareholders will receive $28.00 in cash for each share of Navigant common stock they hold. This merger creates a unique consultancy with unparalleled scale in both regulated commercial end markets, as well as in the public sector that regulates those end markets. Guidehouse, a portfolio company of Veritas Capital, has agreed to acquire Navigant Consulting Inc, a professional services firm. D.C.-based Ankura Consulting Group LLC has agreed to acquire portions of Chicago-based Navigant Consulting Inc. in a deal valued at $470 million. (303) 383-7344  Tim Blair  Navigant Consulting Inc. has acquired HJA Consulting, a provider of performance benchmarking and performance improvement studies to utilities that own hydroelectric facilities. Contacts Navigant Consulting has acquired 27 companies of its own, including 4 in the last 5 years. Suzanne Dawson, S&C Public Relations  Guidehouse is a portfolio company of New York-based Veritas Capital. Increasingly, solutions to complex societal problems will require integrated problem solving between government and commercial entities. 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