November 8, 2018
Chicago-based JLL is acquiring the Federal Advisory and Scully Capital Services Inc. divisions of Columbus, OH-based Value Recovery Group (VRG), a leading government consulting and asset management firm. The transaction will bring JLL highly specialized talent in Public-Private Partnership (P3) transactions and infrastructure financing, and will enhance the firm’s Federal Advisory, Higher Education and State and Local government specialties.
The acquisition will add roughly 20 employees to JLL’s Public Institutions team, including key leaders from VRG’s Federal Advisory team, Brian Oakley and Ben VanBuskirk, who will hold senior leadership roles at JLL.
JLL’s Kevin Wayer says, “The public sector continues to partner with the private sector for expert advice and capital to manage and operate assets more efficiently and cost effectively. VRG has a proven reputation of providing exceptional client service, and is recognized as a trusted partner to government clients.”
The deal is expected to close in November.
For comments, questions or concerns, please contact Dennis Kaiser