Colliers expands engineering offering in Canada
Colliers (NASDAQ, TSX: CIGI) announced that its Canadian engineering platform, Englobe , has acquired Goodkey, Weedmark & Associates (GWAL), a leading building engineering consulting firm in Ontario. This acquisition enhances Englobe's scale and service capabilities in Canada's largest market. GWAL's leadership team will become shareholders of Englobe under Colliers' partnership model.
GWAL, founded in 1956, has 100 professionals providing mechanical and electrical engineering consulting services to public and private clients throughout Ontario, focusing on the National Capital and Ottawa Valley regions. This acquisition is Englobe's first follow-on investment since establishing its partnership with Colliers earlier this year. The move aims to bolster Colliers' presence in Ontario's engineering consulting market.
The acquisition will allow Englobe to better serve clients in Ontario and across Canada by deepening its capabilities and qualifications. GWAL will be fully integrated into Englobe's operations and will rebrand as Colliers in the future.
Colliers (NASDAQ, TSX: CIGI) ha annunciato che la sua piattaforma di ingegneria canadese, Englobe, ha acquisito Goodkey, Weedmark & Associates (GWAL), una delle principali società di consulenza ingegneristica nel settore edile in Ontario. Questa acquisizione rafforza la scala e le capacità di servizio di Englobe nel mercato più grande del Canada. Il team di leadership di GWAL diventerà azionista di Englobe secondo il modello di partnership di Colliers.
Fondata nel 1956, GWAL conta 100 professionisti che offrono servizi di consulenza ingegneristica meccanica ed elettrica a clienti pubblici e privati in tutto l'Ontario, con un focus sulle regioni della Capitale Nazionale e della Valle di Ottawa. Questa acquisizione rappresenta il primo investimento successivo di Englobe dopo la sua partnership con Colliers all'inizio di quest'anno. Questo passo mira a rafforzare la presenza di Colliers nel mercato della consulenza ingegneristica dell'Ontario.
L'acquisizione permetterà a Englobe di servire meglio i clienti in Ontario e in tutto il Canada, approfondendo le sue capacità e qualifiche. GWAL sarà completamente integrata nelle operazioni di Englobe e verrà rinominata Colliers in futuro.
Colliers (NASDAQ, TSX: CIGI) anunció que su plataforma de ingeniería canadiense, Englobe, ha adquirido a Goodkey, Weedmark & Associates (GWAL), una destacada firma de consultoría de ingeniería de edificios en Ontario. Esta adquisición mejora la escala y las capacidades de servicio de Englobe en el mercado más grande de Canadá. El equipo directivo de GWAL se convertirá en accionista de Englobe bajo el modelo de asociación de Colliers.
GWAL, fundada en 1956, cuenta con 100 profesionales que brindan servicios de consultoría en ingeniería mecánica y eléctrica a clientes públicos y privados en toda Ontario, enfocándose en las regiones de la Capital Nacional y el Valle de Ottawa. Esta adquisición es la primera inversión adicional de Englobe desde que estableció su asociación con Colliers a principios de este año. El movimiento tiene como objetivo fortalecer la presencia de Colliers en el mercado de consultoría de ingeniería de Ontario.
La adquisición permitirá que Englobe sirva mejor a los clientes en Ontario y en todo Canadá al profundizar sus capacidades y calificaciones. GWAL se integrará completamente en las operaciones de Englobe y en el futuro cambiará su marca a Colliers.
콜리어스(NASDAQ, TSX: CIGI)는 캐나다 엔지니어링 플랫폼인 엔글로브가 온타리오의 주요 건축 엔지니어링 컨설팅 회사인 굿키, 위드마크 & 어소시에이츠(GWAL)를 인수했다고 발표했습니다. 이번 인수는 캐나다 최대 시장에서 엔글로브의 규모와 서비스 능력을 강화합니다. GWAL의 경영진은 콜리어스의 파트너십 모델에 따라 엔글로브의 주주가 됩니다.
1956년에 설립된 GWAL은 온타리오 전역에서 공공 및 민간 고객에게 기계 및 전기 엔지니어링 컨설팅 서비스를 제공하는 100명의 전문가를 보유하고 있으며, 국가 수도 및 오타와 계곡 지역에 집중하고 있습니다. 이번 인수는 올해 초 콜리어스와 파트너십을 맺은 이후 엔글로브의 첫 번째 후속 투자입니다. 이 조치는 콜리어스의 온타리오 엔지니어링 컨설팅 시장 내 입지를 강화하는 것을 목표로 합니다.
이번 인수는 엔글로브가 온타리오와 캐나다 전역의 고객에게 더 나은 서비스를 제공할 수 있도록 능력과 자격을 심화시킬 것입니다. GWAL은 엔글로브의 운영에 완전히 통합되며 장래에 콜리어스로 브랜드를 변경할 것입니다.
Colliers (NASDAQ, TSX: CIGI) a annoncé que sa plateforme d'ingénierie canadienne, Englobe, a acquis Goodkey, Weedmark & Associates (GWAL), un cabinet de conseil en ingénierie de bâtiment de premier plan en Ontario. Cette acquisition renforce l'échelle et les capacités de service d'Englobe sur le plus grand marché du Canada. L'équipe de direction de GWAL deviendra actionnaire d'Englobe dans le cadre du modèle de partenariat de Colliers.
Fondée en 1956, GWAL compte 100 professionnels fournissant des services de conseil en ingénierie mécanique et électrique à des clients publics et privés à travers l'Ontario, en se concentrant sur les régions de la Capitale nationale et de la Vallée de l'Outaouais. Cette acquisition constitue le premier investissement complémentaire d'Englobe depuis l'établissement de son partenariat avec Colliers plus tôt cette année. Ce mouvement vise à renforcer la présence de Colliers sur le marché du conseil en ingénierie en Ontario.
L'acquisition permettra à Englobe de mieux servir ses clients en Ontario et dans tout le Canada en approfondissant ses capacités et ses qualifications. GWAL sera entièrement intégrée aux opérations d'Englobe et sera renommée Colliers à l'avenir.
Colliers (NASDAQ, TSX: CIGI) gab bekannt, dass seine kanadische Ingenieurplattform Englobe Goodkey, Weedmark & Associates (GWAL), eine führende Ingenieurbüro-Consultingfirma in Ontario, übernommen hat. Diese Akquisition erhöht die Skala und die Servicefähigkeiten von Englobe im größten Markt Kanadas. Das Führungsteam von GWAL wird gemäß dem Partnerschaftsmodell von Colliers Aktionäre von Englobe.
GWAL, gegründet im Jahr 1956, beschäftigt 100 Fachkräfte, die mechanische und elektrische Ingenieurdienstleistungen für öffentliche und private Kunden in ganz Ontario erbringen, mit einem Fokus auf die National Capital und Ottawa Valley Regionen. Diese Akquisition ist Englobes erste Folgeinvestition seit der Gründung der Partnerschaft mit Colliers Anfang dieses Jahres. Der Schritt zielt darauf ab, die Präsenz von Colliers im Ingenieurberatungsmarkt von Ontario zu stärken.
Die Akquisition wird es Englobe ermöglichen, besser für Kunden in Ontario und in ganz Kanada zu arbeiten, indem sie ihre Fähigkeiten und Qualifikationen vertieft. GWAL wird vollständig in die Operationen von Englobe integriert und in Zukunft als Colliers umbenannt.
- Acquisition of GWAL enhances Englobe's scale and service capabilities in Ontario
- GWAL's leadership team becomes shareholders of Englobe, aligning interests
- Expansion deepens Englobe's capabilities and qualifications in mechanical and electrical engineering consulting
- Acquisition advances Colliers' strategic priority of strengthening presence in Ontario's engineering consulting market
- None.
Insights
The acquisition of GWAL by Colliers' Canadian engineering platform, Englobe , represents a strategic move to expand their presence in Ontario's engineering consulting market. This deal enhances Englobe's scale and capabilities in Canada's largest market, particularly in the National Capital and Ottawa Valley regions.
Key points to consider:
- GWAL brings 100 professionals specializing in mechanical and electrical engineering consulting services.
- The acquisition aligns with Colliers' strategy to bolster its Ontario presence, a priority market.
- GWAL's leadership will become shareholders in Englobe, utilizing Colliers' partnership model to retain talent and align interests.
- The integration and future rebranding as Colliers indicate a long-term commitment to growth and market presence.
While financial terms were not disclosed, this acquisition is likely to have a positive impact on Colliers' revenue and market share in the Canadian engineering sector. However, the immediate financial impact may be given Colliers'
Acquisition enhances scale and capabilities in Ontario
TORONTO and OTTAWA, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Global diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today that its Canadian engineering platform, Englobe Corporation (“Englobe”), has acquired Goodkey, Weedmark & Associates Limited (“GWAL”), a leading building engineering consulting firm in Ontario. The addition will strengthen Englobe’s scale and service capabilities in Canada’s largest market. GWAL’s leadership team will become shareholders of Englobe under Colliers’ unique partnership model. The business will be fully integrated into Englobe’s operations and will rebrand as Colliers in the future. Terms of the transaction were not disclosed.
Founded in 1956, GWAL’s 100 professionals provide mechanical and electrical engineering consulting services to public and private clients throughout Ontario, with a focus around the National Capital and Ottawa Valley regions.
“This acquisition is our first follow-on investment in Englobe since establishing our partnership earlier this year and advances an important strategic priority of bolstering our presence in Ontario’s engineering consulting market,” said Elias Mulamoottil, Co-Chief Investment Officer of Colliers. “GWAL’s leadership was drawn to our brand, partnership model, enterprising culture and long-term growth aspirations. As a recent entrant to the Canadian market, our differentiated approach will be key to attracting best-in-class firms to our platform.”
“With GWAL’s impressive history and track record of innovative solutions, this expansion deepens our capabilities and qualifications, allowing us to better serve our clients in Ontario and across the country,” said Mike Cormier, President of Englobe. “We look forward to welcoming GWAL and their talented group of professionals into the Colliers family.”
“The strategic benefits, from an expanded suite of expertise to greater career and equity ownership opportunities for our people, made joining Englobe the logical next step for us,” said Frank Bann, Principal of GWAL. “We are extremely excited to be part of a global professional services leader, and look forward to leveraging Colliers’ depth of relationships, resources and infrastructure to accelerate our growth.”
Colliers Contacts
Elias Mulamoottil
Co-Chief Investment Officer
(416) 960-9500
Mike Cormier
President | Englobe
(514) 281-5151
About Colliers
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 68 countries, our 22,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 29 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately
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