EBJ Business Achiever of the Week: Jacobs Engineering Group

This week we give a round of applause to Jacobs Engineering Group (Pasadena, CA), winner of a 2013 business achievement award in the merger and acquisition category for successfully completing what may have been the largest deal in the environmental engineering industry in 2013—its acquisition of Sinclair Knight Merz (SKM; Sydney, Australia) in a transaction valued at $1.2 billion. SKM is a 6,900-person global consultancy, which generated revenue of approximately A$1.3 billion and earnings before interest, tax, depreciation, and amortization (EBITDA) of A$193 million during its most recent fiscal year. It provides consulting, engineering, planning, architecture, scientific, and construction management services to the mining, building, infrastructure, water, and power industries from 40 offices in the Asia-Pacific region, the Americas, Europe, the Middle East, and Africa. “The combination of Jacobs and SKM further diversifies our geographic offerings and the end markets we serve,” Craig Martin, Jacobs’ president and CEO, said when the deal closed in December. “We look forward to integrating the two companies and see many excellent opportunities ahead to support our clients, develop our people, and grow our business.”

For a full list of EBJ’s 2013 Business Achievement Award winners, please visit https://ebionline.org/business-achievement-awards. EBJ will begin accepting nominations for 2013 Business Achievement Awards in October.