John Karabias, vice president of strategic development at Jacobs, recently spoke with ExecutiveBiz about his strategic goals to continue the company’s growth with the launch of its new Divergent Solutions segment coming in October. Karabias also discussed the company’s winning culture as the challenges of talent recruitment and retention impacting the federal workforce and drives digital transformation […] More
Jacobs has completed a transaction with PA Consulting through which it secured a 65 percent stake in the U.K.-based management consulting company. The investment placed an enterprise value of $2.5 billion to PA Consulting and the move is expected to drive Jacobs' growth strategy as a leading technology-enabled solutions provider. The purchase was approved by PA employees and shareholders, with 99.9 percent voting in favor of the partnership.
Jacobs has agreed to purchase a 65 percent ownership stake in management consultancy PA Consulting as part of a strategic partnership deal. "Our partnership with PA forms a unique offering in the market that combines strategic front-end consulting and deep domain knowledge across key sectors with next generation science and technology expertise," said Jacobs Chair and CEO Steve Demetriou.