Covington Advises Guidehouse in Acquisition of Grant Thornton's Public Sector Advisory Practice

Covington Advises Guidehouse in Acquisition of Grant Thornton's Public Sector Advisory Practice

August 22, 2022

WASHINGTON—Covington advised Guidehouse, a portfolio company of Veritas Capital, in its recently announced agreement to acquire of Grant Thornton’s Public Sector Advisory practice. The transaction will deepen Guidehouse’s capabilities and experience in providing federal, state and local governments with solutions in areas that include finance, human-capital management, information technology, data analytics and performance management. The transaction is expected to close in the second half of 2022.

Guidehouse is a leading global provider of consulting services to the public sector and commercial markets, with broad capabilities in management, technology, and risk consulting. Veritas Capital is a longstanding technology investor with a focus on companies operating at the intersection of technology and government. The firm invests in companies that provide technology and technology-enabled solutions to government and commercial customers worldwide.

Grant Thornton is one of America’s largest audit, tax and advisory firms. The Public Sector Advisory practice helps government executives and managers maximize performance and efficiency while managing limited resources and increased demand for services.

Scott Freling and Alex Hastings led the Covington team advising Veritas on government contracts and other regulatory matters. Other team members include Brooke Stanley and Paul Rowley (government contracts), Heather Finstuen and B.J. Altvater (national security), Justin Schenck (trade controls), Ashden Fein (cybersecurity), Zachary Parks and Perrin Cooke (political law), and Mona Patel (anticorruption).