JLL, a professional services firm focused on real estate and investment management, has purchased Kensington Capital Advisors, a North Carolina-based derivatives and structured finance advisory firm.

Since 2004, KCA has served as an independent financial advisory firm focused on the analysis, structuring and execution of derivative products and finance services. The deal includes Frame Financial Systems, a technology business that looks to help JLL offer CRE investor clients a software-with-a-service (SwaS) debt portfolio reporting and analytics service.

“The acquisition of KCA and Frame expands the global derivatives advisory capabilities and end-to-end capital solutions we offer to our clients,” comments Richard Bloxam, CEO of capital markets, JLL. “Combining KCA’s strategic advisory capabilities and Frame technology with our market-leading experts in Debt Advisory across the world and our global platform is going to create real value for our clients.”