JLL Acquires Tech Pioneer Corrigo
ByRick Michaux of Corrigo, Inc.
CHICAGO—JLL has just entered into an agreement to acquire Corrigo Inc., a Silicon Valley pioneer in cloud-based facility management, a move which will bolster the Chicago-based company’s existing RED data and analytics platform. Facility management has grownincreasingly complex and demanding, and real estate managers use RED to provide C-suite executives with granular-level data about maintenance, equipment use, building performance, the macroeconomic environment, and many other issues in an easily-digestible manner.
Company officials expect the transaction to close later this month, subject to customary closing conditions…