Acquisitions
On December 10, 1998, it was announced that Jacobs would acquire closely held engineering firm, Sverdrup Corporation for $200 million.[17][18] In 2001, Jacobs acquired the international operations, including the international consultancy Sir Alexander Gibb & Partners (Gibb Ltd) based in the UK, from Law Engineering and Environmental Services in Atlanta.[19][20]
In FY 2007, Jacobs acquired the privately held planning, engineering and design firm, Edwards and Kelcey of Morristown, New Jersey for an undisclosed amount.[21] In FY 2008, Jacobs spent $264 million to acquire Carter and Burgess, Lindsey Engineering and a 60% stake in Zamel and Turbag Consulting Engineers.[22] In FY 2010, Jacobs acquired TechTeam, Tybrin, and Jordan, Jones and Goulding. They paid $259.5 million for the three companies.[23]
In FY 2014, Jacobs announced it completed a merger transaction with Sinclair Knight Merz (SKM), a 6,900-person professional services firm headquartered in Sydney. The purchase price was an enterprise value of AUS$1.2 billion (US$1.1 billion) plus adjustments for cash, debt and other items.[24] On August 2, 2017, Jacobs acquired CH2M based in Englewood, Colorado– an engineering firm in infrastructure and government service sectors, including water, transportation, environmental and nuclear, in a $3.27 billion cash-and-stock deal.[25]
In March 2020, Jacobs acquired Wood Nuclear, the nuclear services arm of John Wood Group of the UK, for £250 million, adding 2000 staff. Jacobs' total UK workforce was now almost 11,000.[26] In December 2020, Jacobs announced it would be investing in PA Consulting based in London, in a deal valued at £1.825 billion. Completion of the deal was expected to take place by the end of Q1 2021.[27] On February 7, 2022, Jacobs announced that it would enter into a joint venture with the Qatar based entity Locus Engineering Management and Services Co. W.L.L, an Asset Management company with interests in building maintenance, infrastructure, oil and gas support services, and engineering. The terms of the venture were not disclosed.[28]
