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Announced

Colliers to acquire a majority stake in Englobe for $475m.

Synopsis

Colliers, a global commercial real estate services and investment management firm, agreed to acquire a majority stake in Englobe, a Canadian engineering, environmental and inspection services firm, for $475m. “Colliers’ enterprising culture, decentralized operating style, focus on service excellence and employee engagement align well with Englobe’s key values, making Colliers the perfect partner for the next chapter of our journey. Joining a best-in-class professional services organization with a global brand and international platform will allow us to accelerate our growth going forward, as well as offer better services to our clients and more opportunities to our professionals. Our team is more than excited to join the Colliers family,” Mike Cormier, Englobe President.

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