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New Deal


Announced

JLL to acquire Skyline AI.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

real estate investment platform

Domestic

Majority

Pending

United States

Friendly

artificial intelligence

Single Bidder

Digital Services

Acquisition

Synopsis

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JLL, a professional services firm that specializes in real estate and investment management, agreed to acquire Skyline AI, an artificial intelligence technology company transforming real estate by using a proprietary ensemble of machine learning models. Financial terms were not disclosed. "This acquisition demonstrates the value and synergies of JLL Spark, as we invest in innovative proptech companies and leverage the resources of JLL to accelerate their growth. Our teams consist of knowledgeable real estate experts and world-class technologists who successfully bring new AI offerings like Skyline AI into the fold and provide the best insights to our clients, accelerating JLL's leadership in CRE technology," Yishai Lerner, JLL Co-CEO.

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