Jacobs Signs Letter of Intent to Acquire Edwards and Kelcey

Jacobs Engineering Group Inc. have signed a letter of intent to acquire Edwards and Kelcey, a 1,000-person firm headquartered in Morristown, N.J., U.S.A.

Founded in 1946, Edwards and Kelcey is a nationally recognized engineering, design, planning, and construction management firm serving public and private clients in the fields of transportation, planning/environmental, communications technology, buildings/facilities, and land development. The company has 25 regional offices and is ranked 71st among the Top 500 U.S. Design Firms by Engineering News-Record (ENR).

In making the announcement, Edwards and Kelcey CEO Kevin McMahon stated, "We are excited about the prospect of joining Jacobs and believe that this offers many benefits to our staff and clients. Our combined engineering and construction services practice will be more comprehensive with a broader geographic presence and access to more services, specialists, and experts for current Edwards and Kelcey and Jacobs clients. There is little duplication of markets, clients, or geographies. Our combined leadership teams are complementary and are excited about the opportunity to join forces to provide more comprehensive services to our existing clients."

Jacobs Group Vice President Allyn Taylor added, "The addition of Edwards and Kelcey is very strategic for us. Their firm significantly increases the size of our transportation practice; enhances our service offering in transportation, particularly in specialized areas such as toll roads, bridges, airports, traffic, and major transit systems; and adds critical mass to our U.S. operations in other infrastructure areas such as urban development and telecommunications."

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Posted 26/03/07

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