Jacobs snaps up majority stake in UK consultant

By Dave Rogers2020-11-30T13:45:00

Firm pays £1.8bn for PA

Jacobs has bought a majority stake in London-based management consultant PA Consulting for £1.8bn from US private equity firm Carlyle Group.

The US firm said it expected the deal to snap a 65% share of the near 80-year-old business to be completed by the end of the second quarter of its financial year next March.

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