Colliers Acquires Australian Engineering Firm Peakurban.
MANews-(C)2009-2022
Canada-based professional services and investment management company Colliers (NASDAQ: CIGI) (TSX: CIGI) has acquired a controlling interest in Australian engineering firm Peakurban Pty Ltd., the company said.
The Peakurban senior leadership team will remain significant shareholders of the business under Colliers' unique partnership model.
The business will rebrand as "Colliers Engineering and Design" and integrate into Colliers' existing Australian operations.
Terms of the transaction were not disclosed.
Founded in 2016, with more than 100 professionals operating from five offices in Australia, Peakurban specializes in shaping communities with a focus on planning, due diligence, and engineering and design services for residential and mixed-use developments, civil infrastructure, water and wastewater, and industrial sectors.
In connection with this transaction...
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