Construction M&A » By The Online Investor Staff, updated Fri., Mar. 29, 11:15 AM
Recent mergers and acquisitions in the Construction M&A category.
Slide #50. Jacobs Engineering Group Inc. — Ilitha Companies
Acquirer: |
Jacobs Engineering Group Inc. (JEC) |
Acquiree: |
Ilitha Companies |
Details: |
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that its South African joint venture, Jacobs Matasis (Proprietary) Limited, has acquired the business and assets of Ilitha Projects and Ilitha Staffing, two South African professional services companies operating out of the city of Cape Town, SA. |
Jacobs Engineering Group provides services including consulting, technical, scientific and project delivery for the government and private sector. Co.'s lines of business are: Critical Mission Solutions, which provides cybersecurity, data analytics, software application development, enterprise and mission information technology, systems integration and other technical consulting solutions to government agencies as well as aerospace, automotive and telecom customers; and People and Places Solutions, which provides end-to-end solutions for its clients' projects, whether connected mobility, water, smart cities, manufacturing or the environment.
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March 29, 2024 11:15 AM Eastern
Strong Buy (3.80 out of 4)
100th percentile
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