PA Consulting and Jacobs announce agreement on future investment and strategic partnership - Seite 2

John Alexander, Chair of PA, said: "We have undertaken a thorough process to screen and select potential new external investors that align with PA's culture, independence and ambition. Jacobs stood out during the selection process because of the close affinity between our respective values and their reputation as one of the leading global providers of technical and professional services to clients across the public and private sectors. We were hugely impressed with Jacobs' commitment to a PE style investment to support our values and purpose and accelerate our growth trajectory.'' 

Ken Toombs, CEO of PA Consulting, said: ''We would like to thank Carlyle for the excellent partnership over five years. Together we have significantly grown the business and we are proud of what we have accomplished. We see Jacobs as the ideal partner for PA because of their market leading reputation, the alignment with our respective ambition and the opportunities to better serve clients through access to Jacobs' global platform and client base, positioning us for the next phase of growth. Their purpose of creating a more connected, sustainable world and commitment to an inclusive future for all aligns with our own purpose – Bringing Ingenuity to Life – and our commitment to innovate towards a positive human future. We look forward to continuing to deliver ingenious solutions for our clients, supported by Jacobs' investment and complementary capability.'' 

Jacobs Chair and CEO Steve Demetriou said: ''We are excited by this partnership and the opportunity to set a new industry benchmark together for technically-driven solutions that drive value for our clients, employees and investors – and changing the shape of our industry. We look forward to working together to deliver PA's ambitious growth plans and strengthening their reputation as the leading provider of end-to-end innovation capability.'' 

Fraser Robson, a Managing Director in the Carlyle Europe Partners advisory team said: "It has been a great pleasure working with the PA team. Together we have invested in people, technical capabilities, and expanded the PA platform through strategic acquisitions. This has delivered strong growth and we are delighted with the role we have played in establishing PA as a global industry leader in its field."