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CBRE acquires Onnec Group for $1B

PUBLIC · CBREOct 20, 2026

Acquiring Company

CBRE Group

Acquired Company

Onnec Group Ltd

DallasGreater LondonData Center

Description

CBRE has announced the acquisition of Onnec Group Ltd. for $1 billion, consisting of $610 million in cash and up to $400 million in growth incentives. This acquisition is expected to enhance CBRE's data center capabilities and generate significant revenue and earnings next year.

Company Information

Company

CBRE Group

Location

Dallas, Texas, United States

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Frequently asked

Who acquired Onnec Group Ltd?

Onnec Group Ltd was acquired by CBRE Group, based in Dallas. The deal was reported on October 20, 2026. CBRE Group is publicly traded (CBRE).

When did CBRE Group acquire Onnec Group Ltd?

CBRE Group's acquisition of Onnec Group Ltd was reported on October 20, 2026. CBRE has announced the acquisition of Onnec Group Ltd. for $1 billion, consisting of $610 million in cash and up to $400 million in growth incentives. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Onnec Group Ltd do?

Onnec Group Ltd. is a leading data center infrastructure provider, specializing in the installation and servicing of data center equipment for technology companies primarily in Europe and the Asia-Pacific region. It is privately held, operating in Data Center, and is based in Greater London.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.