Officials did not disclose the terms of the agreement.
Jacobs' acquisition of KlingStubbins, which has approximately 500 employees located in the United States and Asia, particularly enhances the Company's capabilities in design. KlingStubbins provides professional services in planning, architecture, engineering and interiors with a market focus and specialization in corporate/commercial, government, science and technology, higher education, mission critical and interiors.
KlingStubbins' specializations reinforce high growth markets for Jacobs, particularly science and technology (higher education, research and development and laboratory research and development) and mission critical (intelligence/cyber security and corporate data centers).
Further deepening Jacobs' architecture and engineering practice allows the company to strengthen its overall service offerings to all of its clients globally. Additionally, Jacobs is able to provide KlingStubbins' clients with access to significantly increased capabilities and support.
Craig Martin, Jacobs president and chief executive officer said, "We are acquiring a solid business with a history of good performance. KlingStubbins' talented employees and strong client relationships align well with our relationship-based business model. This acquisition allows us to further diversify our services and drive greater growth in our business."
Michael Lorenz, KlingStubbins' national managing principal said, "KlingStubbins is excited to be joining Jacobs. This acquisition takes advantage of our shared client base and increases design opportunities in the global marketplace. Through Jacobs, we have access to a much wider global resource base that enables us to enhance our design services for clients as well as provide more opportunities for our employees."