CBRE acquired FacilitySource for $290m from Warburg Pincus.

CBRE, a commercial real estate services and investment firm, acquired FacilitySource, a high-growth leader in technology-based procurement and facilities management solutions, for $290m. The seller is Warburg Pincus. The acquisition of FacilitySource will help CBRE build a tech-enabled supply chain capability that is unique in the occupier outsourcing industry and intended to drive meaningfully differentiated outcomes for leading occupiers.