Chicago-headquartered JLL (NYSE: JLL) has acquired SKAE Power Solutions, a New York City-based provider of data center technical and project management services.
According to the companies, the acquisition of SKAE will enable JLL to provide solutions across the full data center lifecycle and adds significant technical depth to its existing offerings. SKAE was founded in 1998 by Peter Skae and John McPartland, and the company’s 75 employees will join JLL Work Dynamics, led by Peter Skae who will report to Matt Landek, JLL’s Americas managing director for data centers. The acquisition will form JLL’s Technical Services division within the Data Center vertical and operate as SKAE, a JLL company.
The financial terms of the acquisition were not disclosed.
“As we help clients navigate evolving real estate needs driven by the rise in data center demand, we welcome the SKAE team and are excited to enhance our delivery of technical services for our clients’ critical assets,” said Neil Murray, CEO of Work Dynamics, JLL. “With the continued growth of the global data center market, we’re seeing increased opportunity to deliver the specialized expertise required to manage and maintain these assets. This acquisition immediately enhances our ability to expertly support our clients’ data center solutions now, and into the future.”
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