JLL Acquires Building Engines for $300 Million

Building Engines Acquires Ravti

January 11, 2021

Cloud & SaaS

Building Engines has acquired Ravti to integrate its HVAC inventory and maintenance management software into the Prism building-operations platform. The acquisition adds automated HVAC asset tracking, vendor marketplace and lease-driven tenant compliance capabilities to Prism, aiming to improve NOI and reduce HVAC-related operating and capital costs for commercial property owners and managers.

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).

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.

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

March 24, 2025

Financial Services

JLL announced it has reached an agreement to acquire Javelin Capital, a North America-based renewable energy investment banking firm. The deal is expected to close shortly, subject to regulatory approvals and customary closing conditions, and is intended to expand JLL’s U.S. Energy & Infrastructure Capital Markets capabilities in the clean energy transition.

CliftonLarsonAllen (CLA) Acquires Engine B

May 1, 2024

AI & Machine Learning

CliftonLarsonAllen (CLA) has acquired Engine B, a UK-based generative AI technology company that builds AI tools for the professional services industry. CLA will integrate Engine B's team and technology to expand its AI capabilities, accelerate its digital investments, and deliver deeper client insights across audit, accounting and advisory services.

JLL Partners Acquires PowerParts Group to Build Power Turbine Aftermarket Components Platform

January 27, 2026

Industrial Services

JLL Partners acquired PowerParts Group, a provider of mission-critical aftermarket replacement parts and field services for gas- and steam-turbine power plants. The investment will serve as the foundation for an engineering-centric power generation components platform, with plans to expand capacity and capabilities through organic initiatives and strategic acquisitions.