Jacobs To Acquire KeyW, Boosting Classified Government Work

Monday, April 22nd, 2019

Jacobs To Acquire KeyW, Boosting Classified Government Work

The professional services firm Jacobs [JEC] on Monday said it has agreed to acquire KeyW Corp. [KEYW] in a deal that will significantly increase the amount of classified work the company does and position it on a multi-billion dollar opportunity in the space market. Jacobs agreed to pay $11.25 per share for KeyW, representing an enterprise deal value of about $815 million, excluding tax assets. The deal includes about $272 million of KeyW net debt. Jacobs, a $15 billion company…

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Jacobs To Acquire KeyW, Boosting Classified Government Work

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