JLL is taking advantage of the surge in demand for data centers by acquiring SKAE Power Solutions (SKAE), a New York-based provider of technical and project management services.
The company said the acquisition will enable it to provide solutions across the full data center lifecycle and add significant technical depth to its offerings.
JLL continues to take an active role in the data center space.
In its recent Global Data Center Outlook, JLL unveiled how AI and machine learning are catalyzing a transformative shift in data center design, site selection, and investment approach. Over the next five years, consumers and businesses are projected to generate twice as much data as all the data created over the past ten years, propelling data center storage capacity to grow from 10.1 zettabytes (ZB) in 2023 to an expected 21.0 ZB in 2027.
The company reiterated that SKAE's proficiency in planning and engineering, critical infrastructure installation, testing, facilities maintenance, and operations will fortify JLL's capacity to assist clients with vital data center site selection, design, testing and commissioning, upgrades, and operations management.
After meeting customary closing conditions, JLL expects the transaction to close shortly.
Upon completion, 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.
"SKAE will be key in scaling JLL's capacity to meet clients' needs and accelerating our abilities in data center management," said Sanjay Rishi, Americas CEO of Work Dynamics, JLL. "Combining SKAE's regional expertise and talent with JLL's global, comprehensive suite of solutions will complement and expand our technical services capabilities."
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