Colliers Acquires UK Building Consultancy and Project Manager.

MANews-(C)2009-2022

Canadian diversified professional services and investment management company, Colliers (NASDAQ: CIGI) (TSX: CIGI) has acquired a majority interest in UK-based building consultancy and project management firm Paragon Building Consultancy Holdings Ltd., the company said.

Paragon will be combined with Colliers' existing project management business bringing scale and additional capabilities in the UK and Europe.

Paragon's senior management team will lead the combined operations and retain significant equity going forward under Colliers' unique partnership model.

Financial terms were not disclosed.

Founded in London in 2009, Paragon's 150 professionals from the firm's six UK...

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