logo
logo

PA Consulting and Jacobs announce agreement on future investment and strategic partnership

Nov 30, 2020•over 4 years ago
LondonConsulting

Description

 PA Consulting (PA), the consultancy that's Bringing Ingenuity to Life, today announced that global technical and professional services leader, Jacobs (NYSE: J) has signed an agreement to invest in PA for a 65% shareholding in the company. The transaction, which values PA at £1.825 billion and is expected to close by the end of calendar Q1 2021 subject to regulatory approvals and shareholder consent, sees current shareholder The Carlyle Group exit its stake in PA.   

Company Information

Company

PA Consulting

Location

London, England, United Kingdom

About

We believe in the power of ingenuity to build a positive human future. As strategies, technologies, and innovation collide, we create opportunity from complexity. Our diverse teams of experts combine innovative thinking and breakthrough technologies to progress further, faster. Our clients adapt and transform, and together we achieve enduring results. We are over 4,000 strategists, innovators, designers, consultants, digital experts, scientists, engineers, and technologists. And we have deep expertise in consumer and manufacturing, defence and security, energy and utilities, financial services, government and public services, health and life sciences, and transport. Our teams operate globally from offices across the UK, Ireland, US, Nordics, and Netherlands. PA. Bringing Ingenuity to Life.

Related People