Merger Plans Afoot: Jacobs Eyes Integration of Government Consulting Unit with Amentum Services Inc.
Engineering consultant Jacobs Solutions Inc (J.N) is in advanced talks to merge its government consulting arm at a valuation of more than $4 billion with private equity-owned Amentum Services Inc, people familiar with the matter said on Thursday. The sources said the deal would result in a new publicly traded company that Jacobs’ shareholders would mostly own. They added that the deal is expected to close by the end of this year or early next year. The CMS business represents