---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-001432"
form_type: "8-K"
ticker: "J"
cik: "0000052988"
company_name: "JACOBS SOLUTIONS INC."
filed_at: "2026-01-05T23:59:59+00:00"
generated_at: "2026-05-16T11:45:47.984237+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Jacobs to acquire remaining 100% of PA Consulting for £1.216B upfront; valued at ~£3.05B enterprise

## Summary
- Upfront consideration £1.216B ($1.6B), 80% cash / 20% Jacobs stock; deferred £75M in stock at 2-yr anniversary.
- Implied enterprise value ~£3.05B; valuation 13.0x expected 2025 adjusted EBITDA (12.3x incl. synergies).
- Expected to close by end of fiscal Q2 2026; subject to PA shareholder approval and UK Court sanction.
- Expected to be accretive to adjusted EPS in first 12 months; cost synergies £12-15M within 24 months post-close.
- Post-close adjusted EBITDA margin would have been 14.5% vs actual 13.9% for FY25 if fully owned.

## SEC filing metadata
- accession: 0001193125-26-001432
- form_type: 8-K
- ticker: J
- cik: 0000052988
- company_name: JACOBS SOLUTIONS INC.
- filed_at: 2026-01-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/52988/000119312526001432/0001193125-26-001432-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/52988/000119312526001432/d201783d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-001432
- JSON: https://secwatch.observer/filing/0001193125-26-001432.json
- Plain text: https://secwatch.observer/filing/0001193125-26-001432.txt

## Key facts
- Material Agreements
  JACOBS SOLUTIONS INC. entered into Implementation Deed with PA Consulting Group Limited valued at approximately £3.05 billion (effective 2026-01-02).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: PA Consulting Group Limited
  - Value: approximately £3.05 billion
  - Effective: 2026-01-02
  source text: On January 2, 2026, Jacobs Solutions Inc., a Delaware corporation (the “Company”), entered into an Implementation Deed (the “Implementation Deed”) with Jacobs UK Holdings Limited, a company incorporated in England and Wales and a subsidiary of the Company (the “Purchaser”), PA Consulting Group Limited, a company incorporated in England and Wales (“PA Consulting”), and the several persons whose names are set out in Schedule 1 thereto as stakeholder representatives.
  evidence_url: https://www.sec.gov/Archives/edgar/data/52988/000119312526001432/0001193125-26-001432-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.