Global property adviser Jones Lang LaSalle (JLL) is set to expand its business significantly with the acquisition of Dallas-based peer The Staubach Company in a deal worth $727mln (EUR 464mln). The Staubach Company was founded by former Dallas Cowboys football star Roger Staubach in 1977 and now employs 1,600 staff in more than 70 offices throughout North America. The company has 3,000-plus clients and is best known for its tenant representation services. It completed transactions totalling $28bn and 18.6 million m[sup]2[/sup] during the fiscal year to end-June 2007.
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