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Colliers completes acquisition of Triovest

1. Colliers has acquired Triovest, enhancing its market leadership in Canada. 2. The acquisition bolsters Colliers' workforce to over 3,000 professionals. 3. Colliers now manages over 95 million square feet of commercial real estate. 4. It oversees more than $15 billion in ongoing projects. 5. The firm aims to further accelerate client and investor success.

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$125.106/05 07:33 AM EDTEvent Start
$125.906/06 02:05 PM EDTLatest Updated
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FAQ

Why Bullish?

Past acquisitions have positively influenced CIGI's stock price. For instance, the acquisition of a firm generally leads to greater market share and revenue growth.

How important is it?

The acquisition addresses market dominance and revenue expansion goals, making it crucial for CIGI's strategic positioning.

Why Long Term?

Significant acquisitions lead to extended revenue growth over multiple quarters. Past similar events have shown sustained positive effects on stock value.

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TRICBREJLL
TORONTO, June 05, 2025 (GLOBE NEWSWIRE) -- Global diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today it has completed its previously announced acquisition of Triovest Inc. (“Triovest”), a leading Canadian commercial real estate services platform. The acquisition solidifies Colliers’ position as Canada’s largest commercial real estate services firm, employing more than 3,000 professionals, managing more than 95 million square feet of commercial real estate, and overseeing more than $15 billion in projects under development. Colliers ContactsBrian RosenPresident & Chief Executive Officer | Canada+1 416 643 3787 Christian MayerChief Financial Officer | Global+1 416 960 9176 About ColliersColliers (NASDAQ, TSX: CIGI) is a global diversified professional services and investment management company. Operating through three industry-leading platforms – Real Estate Services, Engineering, and Investment Management – we have a proven business model, an enterprising culture, and a unique partnership philosophy that drives growth and value creation. For 30 years, Colliers has consistently delivered approximately 20% compound annual returns for shareholders, fueled by visionary leadership, significant inside ownership and substantial recurring earnings. With nearly $5.0 billion in annual revenues, a team of 23,000 professionals, and more than $100 billion in assets under management, Colliers remains committed to accelerating the success of our clients, investors, and people worldwide. Learn more at corporate.colliers.com, X @Colliers or LinkedIn.

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