logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Cushman & Wakefield Acquires Leading Team From Cresa Partners Of Los Angeles, Inc.

May 17, 2022•over 3 years ago

Acquiring Company

Cushman & Wakefield

Acquired Company

Team

ChicagoProperty ManagementReal Estate

Description

Cushman & Wakefield (NYSE: CWK) announced the firm has acquired Cresa Partners of Los Angeles, Inc. (“Cresa”). Cresa’s operations comprise three Los Angeles County offices located in West Los Angeles, Woodland Hills and Westlake Village.

Company Information

Company

Cushman & Wakefield

Location

Chicago, Illinois, United States

About

Cushman Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more.

Related People

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed