STOCKHOLM, SWEDEN and LONDON, UNITED KINGDOM--(Marketwired - Sep 8, 2015) - JLL (
AGL, which was founded in 1994 and employs 15 people, has an outstanding track record of successfully advising more than 200 clients on strategic and operational real estate financing including debt management, treasury management, debt advisory, risk management and derivatives.
Daniel Gorosch, Managing Director JLL Sweden, said: "We are really excited by this further addition to our client service offering in Sweden. The AGL business makes an ideal complementary fit alongside JLL's existing Capital Markets capabilities, enabling the combined team of 45 to become a full service provider across the whole real estate capital stack, which means we can offer a truly comprehensive service package for our clients. Knowledge of the right financial solutions plays a greater role in today's world as international capital increases and as transactions become larger and more complex. This knowledge is a crucial factor for success in the real estate business."
Linus Ericsson, CEO of AGL and incoming Head of Debt & Financial Advisory for JLL Sweden, said: "I'm really looking forward to leading Debt & Financial Advisory for JLL in Sweden. Together we can see a great potential to further develop and sharpen our already great offers within JLL's strong local and international network. By combining our financial expertise with JLL's leading international real estate services platform, we can create offers that I believe will be of great benefit to our customers."
Richard Bloxam, JLL's Head of EMEA Capital Markets, added: "This is a terrific addition to our business in Sweden and also to our broader EMEA debt and financial advisory offer. The skills AGL will bring blend superbly with our existing service offer, strengthening our debt advisory capabilities and giving us new dimensions in treasury and risk management, derivatives advice and execution."
In addition to the AGL acquisition and last year's addition of the Tenzing business, JLL also acquired Nextport in April this year to expand its tenant representation and corporate real estate services platform in Sweden. Overall, JLL now employs 115 people in Sweden, of whom 45 are in its Capital Markets group.
AGL is a securities company under the supervision of Finansinspektionen, Sweden's Financial Supervisory Authority, and is authorised to conduct securities business under the Act (2007: 528) regarding the securities market. This permit includes advice and trading of financial instruments. The acquisition is conditional upon the Financial Supervisory Authority's permission which is expected to be granted this autumn. An integration phase will then follow, with the AGL team relocating into JLL's existing Stockholm office at Birger Jarlsgatan 25.
About JLL
JLL (
200 East Randolph Drive Chicago Illinois 60601 | 30 Warwick Street London W1B 5NH | 9 Raffles Place #39-00 Republic Plaza Singapore 048619
Information about AGL AGL is an advisor specializing in finance, financial risk management and treasury outsourcing. We have been helping companies and organisations since 1994 to develop optimum strategies for the management of financial risks based on the conditions that apply in each individual case. We help with operational implementation and, for many of our customers, we handle their entire financial operations. Our customers are in businesses with large borrowing requirements, international businesses with business in multiple currencies, operations with energy and commodity exposure as well as asset managers. We aim to further develop our customers' businesses and provide independent advice to ensure that the best conditions are achieved for each transaction. For more information see www.agl.se
For further information please contact: Daniel Gorosch Managing Director JLL Sweden Telephone: +46 (0) 76-148 51 03 Email: daniel.gorosch@eu.jll.com Linus Ericsson CEO AGL Telephone: +46 (0) 8-545 0175 05 +46 (0) 70-952 54 05 Email: linus@agl.se
