Colliers adds leading regional engineering & design firm
March 10 2022 - 4:01PM
Leading global professional services and investment management firm
Colliers (NASDAQ and TSX: CIGI) today announced that its Colliers
Engineering & Design (“CED”) business unit has acquired KFW
Engineers & Surveying (“KFW”), a San Antonio-based civil
engineering, design, and survey firm. The addition will enhance
CED’s existing scale and capabilities in Texas and the Southwest.
KFW operations will rebrand and be fully integrated into CED’s
existing Texas operations by the fourth quarter of 2022. Under
Colliers’ unique partnership model, KFW’s senior leadership team
have become significant shareholders in the overall CED platform
and will lead its growth in the rapidly growing Texas marketplace.
Terms of the transaction were not disclosed.
Founded in 2006, KFW’s more than 100 engineers, licensed
surveyors, and other professionals support the rapid population
growth and related development in southern Texas by providing a
fully integrated land development offering, including civil
engineering, environmental and surveying services to homebuilders,
school systems, and other commercial real estate developers.
“Partnering with the talented professionals at KFW is the latest
in CED’s national growth ambitions following a record year of
growth in 2021,” said Elias Mulamoottil, Co-Chief Investment
Officer of Colliers. “Colliers continues to attract best-in-class
firms who value our unique partnership model and long-term growth
horizon, and who wish to thrive within a high quality, enterprising
corporate culture.”
“The professionals at KFW have deep Texas roots and will provide
us with specialized market knowledge, strong client relationships,
and an enhanced presence in this important and high-growth market,”
said Kevin Haney, President and CEO, CED. “Through KFW, we are
perfectly positioned to capitalize on Texas’ population boom, and
we are thrilled to welcome their team to the Colliers family.”
“Joining a large, multi-discipline engineering and design firm
that shares our enterprising culture and focus on service
excellence was the logical next step for us,” said Steven
Krauskopf, Co-founder and Managing Partner of KFW. “There is
tremendous growth opportunity in Texas, and we are excited to take
a leadership role as we leverage the scale and capabilities of CED
to accelerate our growth and success going forward,” added George
Weron, Co-founder and Managing Partner of KFW.
In connection with this transaction, AEC Advisors acted as
financial advisor to KFW.
About Colliers
Colliers (NASDAQ, TSX: CIGI) is a leading diversified
professional services and investment management company. With
operations in 62 countries, our 17,000 enterprising professionals
work collaboratively to provide expert real estate and investment
advice to clients. For more than 27 years, our experienced
leadership with significant inside ownership has delivered compound
annual investment returns of 20% for shareholders. With annual
revenues of $4.1 billion and more than $50 billion of assets under
management, Colliers maximizes the potential of property and real
assets to accelerate the success of our clients, our investors and
our people. Learn more at corporate.colliers.com,
Twitter @Colliers or LinkedIn.
Company Contacts:
Elias MulamoottilCo-Chief Investment Officer(416) 960-9500
Kevin L. Haney, PEPresident and CEO | Colliers Engineering &
Design(732) 383-1950
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