secwatch.observer — SEC 8-K summary
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Issuer:     JACOBS SOLUTIONS INC. (J)
CIK:        0000052988
Form:       8-K
Filed at:   2026-01-05T23:59:59+00:00
Accession:  0001193125-26-001432
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/52988/000119312526001432/0001193125-26-001432-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/52988/000119312526001432/d201783d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-001432

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer