M&A Deal Summary

Jones Lang LaSalle Acquires Skyline AI

On August 11, 2021, Jones Lang LaSalle acquired information technology company Skyline AI

Acquisition Highlights
  • This is Jones Lang LaSalle’s 4th transaction in the Information Technology sector.
  • This is Jones Lang LaSalle’s 1st transaction in Israel.

M&A Deal Summary

Date 2021-08-11
Target Skyline AI
Sector Information Technology
Buyer(s) Jones Lang LaSalle
Deal Type Add-on Acquisition
Advisor(s) J.P. Morgan Securities (Financial)

Target

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.

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Buyer(S) 1

Buyer

Jones Lang LaSalle

Chicago, Illinois, United States

Category Company
Founded 1997
Sector Real Estate
Employees112,100
Revenue 23.4B USD (2024)
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 25 of 32
Sector: Information Technology M&A 4 of 5
Type: Add-on Acquisition M&A Deals 24 of 31
Country: Israel M&A 1 of 1
Year: 2021 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-19 Peloton Commercial Real Estate

Dallas, Texas, United States

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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-21 Building Engines

Boston, Massachusetts, United States

Building Engines develops, deploys, hosts, and maintains a broad spectrum workflow, data collection, messaging, and operational support system for facility managers in commercial real estate and healthcare facilities. Building Engines was founded in 1999 and is based in Boston, Massachusetts.

Buy $300M