PowerParts Group Acquired by JLL Partners — Business Services M&A

JLL Partners has acquired PowerParts Group, a business services other business in the State of undisclosed, for $X. PowerParts Group provides industrial parts and related services that support maintenance and operations for customers across multiple end markets. JLL Partners acquisitions in business services M&A focus on expanding service capabilities through a platform acquisition strategy. The private equity acquisition is structured as a platform acquisition, with deal status announced and size undisclosed, reflecting a build-out plan for business services other acquisition opportunities.