Commercial real estate firm Jones Lang LaSalle Inc. will acquire one of its biggest competitors, HFF Inc., in a cash and stock transaction worth about $2 billion. Dallas-based HFF operates out of 26 offices across the country and brought in $650 million in revenue last year. The company has closed more than $800 billion in over 27,000 transactions since 1998. Mark Gibson, CEO of HFF, will join JLL as CEO of its U.S. Capital Markets business and co-chair of its Global Capital Markets Board.…
from https://www.bizjournals.com/baltimore/news/2019/03/19/jll-to-acquire-hff-in-a-2b-deal.html?ana=RSS&s=article_search
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