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Announced

Completed

Jacobs Engineering completed the acquisition of 65% stake in PA Consulting for $2.5bn.

Financials

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Transaction Value£1,825m
Consideration TypeCash
Capital Owned-
Capital Bid For65%
EV/Sales3.2x
EV/EBITDA41.29x
Share Price Premium-
One Off Charge-

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Friendly

Acquisition

Private Equity

management consultancy

Majority

Management Consulting

Private

Single Bidder

Completed

Denmark

Cross Border

Synopsis

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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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