Tysons consulting firm to close Dovel purchase by end of year
Tysons consulting firm to close Dovel purchase by end of year
Katherine Schulte// September 8, 2021//
Tysons-based consulting company Guidehouse announced Wednesday it has entered into a definitive agreement to acquire McLean-based company Dovel Technologies Inc. The sale is expected to close in the fourth quarter of this year.
“The acquisition of Dovel is a strategic step in our journey to create the next generation global consultancy, bringing together best-in-class portfolios, highly talented teams and technology-first business models,” Guidehouse CEO Scott McIntyre said in a statement. “We look forward to the merger and the journey to come.”
Dovel provides data analytics and artificial intelligence along with other technology services, specializing in health, human services and public safety. Dovel’s 1,800 employees and management team will join Guidehouse.
Dovel is a portfolio company of Macquarie Capital. Financial terms of the sale were not disclosed.
“We are excited by the opportunity to join the Guidehouse platform, given our complementary capabilities and strategically correlated missions to improve, protect and save lives,” Dovel CEO Damon Griggs said in a statement.
Guidehouse is a management, technology and consulting company owned by New York-based private equity firm Veritas Capital. It has more than 10,000 employees in more than 50 locations.