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Engineering giant acquires Aquenta Consulting
Two firms have advised on an acquisition that saw an engineering giant acquire Aquenta Consulting, a leading provider of integrated project services to public and private sector clients in Australia.
Emma Musgrave
Firms: Clarendon Lawyers (Jacobs Engineering Group Inc.); Baker McKenzie (Amec Foster Wheeler)
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Deal: Jacobs Engineering Group Inc. (Jacobs) has acquired Aquenta Consulting from Amec Foster Wheeler.
Value: Undisclosed
Area: M&A
Key players: The legal team advising Jacobs Engineering Group Inc. was led by Clarendon Lawyers managing director Tony Symons (pictured), with assistance from senior associates Billy Dwyer and Sarah Noble.
Deal significance: Aquenta Consulting is a leading provider of integrated project services to public and private sector clients in Australia. The company helps owners, operators and investors in infrastructure and property assets achieve their objectives at a strategic, portfolio, program and project level.
Jacobs is one of the world’s largest and most diverse providers of full-spectrum technical, professional and construction services for industrial, commercial and government organisations globally.
Jacobs’ acquisition of Aquenta Consulting will help bolster Jacobs’ Asia-Pacific buildings and infrastructure business.
“The acquisition of Aquenta is a key part of Jacobs’ Asia-Pacific strategy,” said Clarendon Lawyers managing director Tony Symons.
“We are thrilled that the Jacobs team engaged us to assist them execute their growth strategy in Asia-Pacific and look forward to continuing our relationship with them going forward.”
