Announced
Completed
Financials
Tags
Friendly
Acquisition
Private Equity
management consultancy
Majority
Management Consulting
Private
Single Bidder
Completed
Denmark
Cross Border
Synopsis
Jacobs Engineering, an American international technical professional services firm, completed the acquisition of 65% stake in PA Consulting, a management consultancy that specialises in strategy, technology and innovation, from The Carlyle Group for $2.5bn. "Their pipeline of strategic and technical consulting work continues to grow, and looking further into fiscal 2021 and beyond, the Jacobs-PA partnership presents a compelling organic growth opportunity driven by technology-enabled solutions in response to industry disruption and client needs," Bob Pragada, Jacobs President and Chief Operating Officer.
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