JLL to Acquire Javelin Capital to Expand U.S. Clean Energy Investment Banking Capabilities

JLL to Acquire Raise Commercial Real Estate

October 1, 2024

IT Services

JLL announced it has reached an agreement to acquire Raise Commercial Real Estate, a technology-powered commercial real estate brokerage. The deal is expected to close shortly, subject to customary closing conditions, and is intended to integrate Raise’s leasing-lifecycle platform with JLL’s existing leasing technology (including Blackbird).

TriMech Acquires Javelin Technologies from CAI Capital Partners

May 5, 2021

Engineering Services

TriMech has acquired a majority interest in Javelin Technologies from CAI Capital Partners. The acquisition brings Javelin’s Canadian 3D design, product data management, and additive manufacturing capabilities into the TriMech Group to expand its North American footprint and service offerings.

JLL Acquires SKAE Power Solutions

May 15, 2024

Engineering Services

JLL has agreed to acquire SKAE Power Solutions, a New York–based provider of data center technical and project management services, to expand its data center lifecycle capabilities. The SKAE team of approximately 75 employees will join JLL Work Dynamics and will form JLL's Technical Services division within the Data Center vertical.

BlackRock Diversified Infrastructure Acquires Jupiter Power

November 15, 2022

Energy

BlackRock Alternatives’ Diversified Infrastructure business agreed to acquire Jupiter Power LLC, a U.S. developer and operator of stand-alone utility-scale battery energy storage systems. EnCap Energy Transition Fund I, along with co-investment partners Yorktown Partners and Mercuria Energy, are selling Jupiter, with closing expected in late 2022 subject to customary conditions.

JLL Acquires Building Engines for $300 Million

October 20, 2021

Cloud & SaaS

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.

JLL Partners Acquires Jonathan Engineered Solutions from Levine Leichtman Capital Partners

January 4, 2021

Aerospace & Defense

JLL Partners, a New York-based private equity firm, has acquired Jonathan Engineered Solutions (JES), a designer and manufacturer of ruggedized enclosures, slides, and vibration isolators used in defense, aerospace and specialty industrial applications. JES is headquartered in Irvine, California with approximately 900 employees; JLL plans to use JES as the base of a new aerospace and defense manufacturing platform and to invest in capacity, technology and strategic acquisitions. Levine Leichtman Capital Partners sold its portfolio company to JLL Partners.