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Colliers Completes Acquisition Of Pangea

PUBLIC · CIGIDec 02, 2022

Acquiring Company

Colliers

Acquired Company

Pangea

TorontoProvidenceOtherProfessional ServicesReal EstateInternet ServicesReal Estate InvestmentConsultingCommercial Real EstateReal EstateScience And Engineering

Description

Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) has completed its previously announced acquisition of a controlling interest in Pangea Property Partners (“Pangea”), a leading capital markets advisor in Sweden and Norway. Pangea becomes Colliers’ new company-owned operation in Norway and will merge with Colliers’ existing company-owned operations in Sweden. This transaction firmly positions Colliers as the dominant player in the Nordic region, building on our top-tier operations in Denmark and Finland.

Quick answer

Colliers is acquiring Pangea, announced December 2, 2022. Colliers is based in Toronto, Ontario, Canada.

How much did Colliers pay for Pangea?
The deal value was not disclosed.
What does Colliers do?
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company.
Where are Colliers and Pangea based?
Colliers is based in Toronto, Ontario, Canada. Pangea is based in Providence, Rhode Island, United States.
Who are the decision-makers at Colliers?
Fundz holds 5 contacts at Colliers. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Professional Services and Real Estate

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Company Information

Company

Colliers

Location

Toronto, Ontario, Canada

About

Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 66 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.3 billion ($3.6 billion including affiliates) and $45 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn. Photo - https://mma.prnewswire.com/media/1671358/Colliers.jpg Logo - https://mma.prnewswire.com/media/1671359/Colliers_Logo.jpg SOURCE Colliers

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Frequently asked

Who acquired Pangea?

Pangea was acquired by Colliers, based in Toronto. The deal was reported on December 2, 2022. Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. Colliers is publicly traded (CIGI) and operates in Other.

When did Colliers acquire Pangea?

Colliers's acquisition of Pangea was reported on December 2, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pangea do?

What will Pangea use the money for? Pangea now has more capital than it has ever had to keep building out its product lineup, scale GMV and start extending its runway with revenue growth. It is privately held, operating in Real Estate, and is based in Providence.

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