Jacobs Announces Agreement to Acquire Remaining Stake in PA Consulting

Jacobs (NYSE: J) and PA Consulting have reached a definitive agreement for Jacobs to acquire the remaining stake in PA Consulting that it does not already own, marking a significant milestone in their longstanding strategic partnership. Under the terms of the deal, Jacobs will pay approximately £1.216 billion (about $1.6 billion) in upfront consideration for full ownership, valuing PA Consulting at roughly £3.05 billion. The transaction also includes £75 million in deferred consideration, expected to be paid in Jacobs’ shares two years after closing. The acquisition has received unanimous approval from both companies’ boards and stakeholder representatives, and is anticipated to close by the end of Jacobs’ fiscal 2026 second quarter. Jacobs plans to fund the acquisition with a mix of cash and common shares, with 80% of the upfront amount in cash and 20% in shares. Jacobs Chair and CEO Bob Pragada highlighted that since the initial strategic investment in March 2021, the collaboration has driven profitable growth and strengthened Jacobs’ market position. PA Consulting CEO Christian Norris said full integration will enhance the combined firm’s ability to support clients through complex challenges and opportunities. The full acquisition is expected to be accretive to Jacobs’ adjusted earnings per share within 12 months of closing and will broaden the company’s capabilities in advisory, transformation, and AI-related services across key sectors like advanced manufacturing, life sciences, and critical infrastructure. #Jacobs #PAConsulting #MergersAndAcquisitions #BusinessGrowth #SlimScan #GrowthStocks #CANSLIM