JLL Acquires Compliance Technology Innovator ATG

Reaffirming its commitment to provide specialized real estate services matched to clients’ unique needs, JLL (NYSE: JLL) has acquired Advanced Technologies Group (ATG), a leading U.S. technology-driven consulting firm that helps hospitals, health systems and universities automate and proactively address regulatory compliance requirements. The acquisition will establish JLL as a leader in providing comprehensive real estate services to the healthcare market that combine enhanced facilities management services with integrated regulatory compliance technologies.

ATG’s proprietary technologies help hospitals and health systems maintain safe and supportive environments by providing accurate documentation and detailed insights for facility planning, management, construction and on-going compliance inspections. ATG’s technology platform was developed as a result of direct collaboration with the healthcare industry and serves as the foundation to offer solutions to other highly regulated industries, including higher education.

“ATG has done a masterful job of bringing automation to the regulatory compliance process, taking it from clipboards to the cloud,” said Pete Bulgarelli, Executive Managing Director, JLL Corporate Solutions. “Bringing ATG’s expert services and innovative technologies together with our facilities management expertise will fundamentally alter the way our clients approach regulatory compliance. We will help them achieve better insight into their physical environments with solutions that are customized to meet the specific real estate needs of different industries.”

ATG’s processes and technologies allow for a constant state of compliance review readiness by replacing paper documentation with mobile tools for conducting inspections. The cloud-based platform allows authorized users to access critical compliance data and generate immediately accessible reports required by authorities having jurisdiction. Key compliance management documents are stored in virtual binders to provide streamlined, convenient access to information about buildings’ overall performance while analytics tracking tools create a clear understanding of how facilities perform and will measure up against a compliance review.

ATG’s team of 90 will join JLL’s Healthcare Solutions group, already one of the largest providers of integrated facilities management for hospitals and health systems. Mike Hakbaz, President & CEO, will join JLL to lead the company’s compliance-related services.

“JLL is a dynamic, client-centric organization with an entrepreneurial mindset that matches the culture we have created at ATG,” said Hakbaz. “By combining our expertise with the broad resources at JLL, we can help hospitals and health systems address the challenging issues they face by standardizing their management processes and enhancing the operational efficiency of their real estate portfolios.”

This acquisition aligns directly with JLL’s aim to become a world leader in real estate and real estate technology, building on recent acquisitions of Corrigo, a pioneer in cloud-based facility management solutions; and BRG, a recognized expert in workplace technology consulting, technology implementation, and space and move management services.

“Our clients’ needs are evolving rapidly, and we’re committed to staying one step ahead, anticipating those needs now and into the future,” said John Forrest, Global & Americas CEO, JLL Corporate Solutions. “Bringing ATG’s innovative capabilities together with technologies like Corrigo and RED keeps us at the forefront of commercial real estate innovation.”

This acquisition provides a key service delivery enhancement for JLL’s rapidly growing Healthcare Solutions business, which partners with U.S. hospitals, health systems, and other health and healing service providers across the continuum of care to help fulfill their missions through the stewardship of real estate-based assets. A leading provider of healthcare facility management services, JLL Healthcare Solutions has 1,400 dedicated professionals who oversee and provide service to 136 acute care hospitals and manage 133 million square feet of healthcare-related facilities with 123,000 beds.

For further information, visit www.jll.com.

October 12, 2016

Topic Area: Press Release

JLL Acquires Compliance Technology Innovator ATG

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