JLL Acquires Building Engines for $300 Million
October 20, 2021
JLL (through its JLL Technologies division) acquired Boston-based Building Engines for approximately $300 million to integrate the market-leading cloud building operations platform into JLL's property management technology stack. The acquisition expands JLL's technology capabilities and aims to make Building Engines the system of record for building operations across JLL's investor and property-management clients.
- Buyers
- JLL, JLL Technologies (JLLT)
- Targets
- Building Engines
- Industry
- Cloud & SaaS
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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