JLL to expand U.S. Energy & Infrastructure Capital Markets capabilities with Javelin Capital acquisition
Rhea-AI Summary
JLL (NYSE: JLL) has announced an agreement to acquire Javelin Capital, a North America-based renewable energy investment banking firm, strengthening its position in the clean energy sector. The acquisition will enhance JLL's U.S. Energy & Infrastructure Capital Markets capabilities, complementing its existing expertise in Europe and Asia where it has completed over 150 deals worth more than $20 billion in enterprise value.
Established in 2017, Javelin Capital's team of 16 employees, led by CEO Matt Eastwick, will join JLL's Capital Markets Americas business. The New York-based firm specializes in renewable energy, energy storage, and energy transition, offering M&A, restructuring, capital raising, debt, and corporate finance services.
The acquisition comes amid unprecedented growth in the clean energy sector, driven by increasing demand, tighter regulations, technological advancements, and favorable economics. According to JLL Research, clean energy is becoming the most cost-effective fuel choice across regions.
Positive
- Strategic expansion into growing clean energy sector
- Addition of specialized 16-person team with renewable energy expertise
- Enhancement of U.S. market presence complementing existing $20B+ transaction history in Europe and Asia
- Diversification of service offerings in renewable energy and infrastructure
Negative
- Regulatory approvals still pending for deal completion
- Integration costs and challenges may impact short-term performance
News Market Reaction
On the day this news was published, JLL gained 3.84%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Javelin Capital strengthens JLL's position as a leading globally connected sustainability and infrastructure capital advisor in the growing clean energy space
This strategic move positions JLL to serve as a globally connected capital advisor in energy and infrastructure, servicing core and prospective clients who are large infrastructure investors. Javelin Capital's offerings will enable JLL to provide comprehensive solutions for new market entrants, public and private funding, and energy investments from existing clients.
"Welcoming Javelin Capital to the JLL team expands our ability to guide clients with end-to-end support through the clean energy transition, bolstering our team in the
This announcement comes as the clean energy sector experiences unprecedented growth, fueled by increasing demand, tightening regulations, technological advancements and the compelling economics of renewable energy. JLL Research shows as more regions deploy clean energy, it is becoming the most cost-effective choice of fuel. This surge in activity creates increased opportunity for companies involved in capital raising, sell-side and buy-side advisory and project finance advisory – all of which are areas of expertise for
Established in 2017, Javelin Capital's M&A, restructuring, capital raising, debt and corporate finance service mix and client base will complement JLL's global offerings and business. Javelin Capital's 16 employees, led by CEO and Managing Director, Matt Eastwick, specialize in renewable energy, energy storage and energy transition. Based in
"We are incredibly excited to join JLL to collectively expand our reach and impact in the clean energy and infrastructure sector," said Jason Segal, Founder and Managing Partner at Javelin Capital.
Matt Eastwick, CEO and Managing Director at Javelin Capital added: "We will be able to provide clients with our domain expertise in the energy transition, driving to shape a greener future of spaces for the built environment."
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of
Contact: Allison Heraty
Phone: +1 312 228 3128
Email: allison.heraty@jll.com
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SOURCE JLL-IR
