Jll Acquires Leading Real Estate Valuation Advisory Firm Metropolitan Valuation Services
Jul 06, 2022•over 3 years ago
Acquiring Company
JLL
Acquired Company
Metropolitan Valuation Services
Description
JLL (NYSE: JLL) today announced it has acquired Metropolitan Valuation Services ("MVS"), one of the largest independent commercial property appraisal and real estate consulting firms in the greater New York metropolitan area.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed