JLL Completes Acquisition of Brand Experience and Design Company Big Red Rooster
CHICAGO, IL--(Marketwired - Jan 8, 2016) - JLL (NYSE: JLL) has completed the acquisition of Big Red Rooster, a brand experience and retail design services company that creates multi-dimensional experiences for the world's top retailers and consumer brands. Initially announced in December 2015, the transaction is the latest in a line of high-profile acquisitions that are consistent with the firm's growth strategy. It expands the firm's project management and retail services expertise in the United States and ability to help clients focus on the increasingly important customer experience.
Big Red Rooster was founded by Martin Beck and Aaron Spiess in 2002 and serves a multitude of clients from the retail, food service, grocery, healthcare and consumer brand sectors. Both co-founders will run this new service line at JLL and will bring their 100-strong team of strategists, designers, architects and digital experts.
"We have received an overwhelmingly positive reaction from our existing clients since announcing our move to JLL," said Spiess. "With JLL's broad platform and deep experience we can now offer a global full-service experience that our clients have always desired, combining brand strategy, physical design and now implementation."
"With our new colleagues on board, we are a stronger team and can offer a broader suite of services that also includes omni-experience branding and design expertise that links our clients' physical and digital worlds," added Steve Jones, International Director and head of JLL's retail multi-site project management business.
JLL's PDS group, an industry leader in the management of design, construction and relocation services for a wide range of projects from interior build-outs to multi-site developments, manages more than 24,000 projects annually in the U.S., including $12 billion in projects currently under management.
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JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $57.2 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.