WASHINGTON (dpa-AFX) - Jacobs (J) said it has taken a 65% stake in PA Consulting, an innovation and transformation consulting firm. The investment places an enterprise value of PA Consulting
Jacobs Takes Majority Stake in PA Consulting to Form Strategic Partnership
Further enables shift to a global leader in high-value solutions
Continue to expect $0.52 to $0.57 of adjusted EPS accretion from PA for fiscal 2022
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DALLAS, March 3, 2021 /PRNewswire/ Accelerating its growth strategy as a leading technology-enabled solutions provider, Jacobs (NYSE:J) has taken a 65% stake in PA Consulting, a leading innovation and transformation consulting firm. The investment places an enterprise value of PA at £1.825 billion ($2.5 billion
1) and transforms PA into a global player at scale. The remaining 35% stake is held by PA employees.
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