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Press release PA Consulting announces 2020 financial results PA Consulting, the consultancy that’s bringing ingenuity to life, announces another record financial performance for the year ending December 2020. With its diverse teams of experts combining innovative thinking and breakthrough technologies, PA delivered for its clients, people and communities through a most challenging year. 2020 brought significant change for PA; the firm welcomed Ken Toombs as CEO in October, succeeding Alan Middleton after 13 years as CEO. In December, PA announced Jacobs (NYSE: J) as its new investor, bringing a successful five-year investment period with The Carlyle Group to a close. Adjusted EBITDA more than doubled over the period of Carlyle’s investment, which saw compound annual revenue growth of 12 per cent since 2016.[1] The Jacobs transaction valued PA at £1.825 billion reflecting the strength of PA’s offer and market position. ....
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 News provided by Share this article Share this article 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. ....
- Jacobs Takes Majority Stake in PA... euro-petrole.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euro-petrole.com Daily Mail and Mail on Sunday newspapers.
PA Consulting completes investment from Jacobs PA shareholders welcome a strategic investment from Jacobs: Creating more opportunities for our clients and people News provided by Share this article Share this article LONDON, March 3, 2021 /PRNewswire/ PA Consulting (PA), the consultancy that s Bringing Ingenuity to Life, and Jacobs (NYSE: J) today announce the successful completion of Jacobs strategic investment in PA. Jacobs joins PA s own people as investors in the firm, and will support its growth plans, enabling PA to work with even more organisations around the world to unlock the power of ingenuity to build a positive human future. Continued share ownership by PA employees is a key feature of the transaction. ....
PA Consulting completes investment from Jacobs prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.