M&A Deal Summary

Jones Lang LaSalle Acquires Peloton Commercial Real Estate

On September 19, 2019, Jones Lang LaSalle acquired real estate company Peloton Commercial Real Estate

Acquisition Highlights
  • This is Jones Lang LaSalle’s 12th transaction in the Real Estate sector.
  • This is Jones Lang LaSalle’s 14th transaction in the United States.
  • This is Jones Lang LaSalle’s 4th transaction in Texas.

M&A Deal Summary
Date 2019-09-19
Target Peloton Commercial Real Estate
Sector Real Estate
Buyer(s) Jones Lang LaSalle
Deal Type Add-on Acquisition

Target

Peloton Commercial Real Estate

Dallas, Texas, United States
website
Peloton Commercial Real Estate is a full-service real estate brokerage, property management, and project management firms. Peloton’s portfolio of leased and managed properties includes 5 million square feet of office, industrial, retail and mixed-use property in the greater Austin area.

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Buyer(S) 1

Buyer

Jones Lang LaSalle

Chicago, Illinois, United States

website

Category Company
Founded 1997
Sector Real Estate
Employees98,200
Revenue 19.4B USD (2021)
DESCRIPTION

Jones Lang LaSalle is a provider of property and corporate facility management services, with a portfolio of over 1.1 billion square feet worldwide. Jones Lang LaSalle was founded in 1997 and is based in Chicago, Illinois.

DEAL STATS #
Overall 24 of 30
Sector (Real Estate) 12 of 13
Type (Add-on Acquisition) 23 of 29
State (Texas) 4 of 4
Country (United States) 14 of 18
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-19 HFF

Pittsburgh, Pennsylvania, United States

HFF, Inc. (Holliday Fenoglio Fowler) is a provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF offers clients a fully integrated capital markets platform including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and commercial loan servicing.

Buy $2.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-11 Skyline AI

Tel Aviv, Israel

Skyline AI is an artificial intelligence technology company transforming real estate by using a proprietary ensemble of machine learning models to gain a competitive advantage in the origination and analysis of commercial real estate. Skyline AI was founded in 2017 and is based in Tel Aviv, Israel.

Buy -
Mergr

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