Jones Lang LaSalle Incorporated (NYSE:JLL) entered into an agreement to acquire Skae Power Solutions LLC on May 15, 2024. As part of the transaction, SKAE's 75 employees will join JLL Work Dynamics, led by Peter Skae who will report to Matt Landek, 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 transaction is expected to close shortly, subject to customary closing conditions. Layer 7 Capital, LLC acted as a financial advisor to SKAE Power Solutions LLC in this transaction.