Veritas Capital is considering a sale or IPO for portfolio company Guidehouse, which could value the business at $7 billion, according to a Bloomberg report.

Veritas is working with advisers to consider options and the potential sale would likely draw interest from other private equity firms and consultants, the sources in the report said.

Veritas raised $6.5 billion for its seventh fund in 2019.

Read more: Private Equity Wire