Colliers International has acquired Bollingbrook, a UK-based commercial building consultancy.
The business will be rebranded as Colliers International and integrated into Colliers' existing Project & Building Consultancy operations, extending through the UK and across continental Europe.
Details of the transaction were not disclosed.
'This acquisition marks another important step forward in Colliers’ continuing growth story. Bollingbrook’s impeccable reputation as a provider of considered and enterprising advice to clients in all areas of its business is second to none,' said Tony Horrell, CEO of Colliers International UK & Ireland.
'Their reputation in quantity surveying certainly augments our existing service offerings and ensures Colliers remains on course to achieve its ambition to be a leading provider in all aspects of building surveying and project management services across the UK and Europe,' he added.
Colliers' combined Project & Building Consultancy team will increase to more than 70 professionals operating from 14 offices across the UK, led by Colliers’ Gary Powell and Graeme Foreman as well as Bollingbrook’s founders Guy Rockingham and Peter Radford.
'Together with Colliers we have best-in-class capabilities across the board and we are confident our business will thrive by leveraging the resourcing and capabilities of a true global leader in commercial real estate,' said Peter Radford, Director, Colliers International.
'For us, this is the beginning of the next chapter in our history and combining our culture and local expertise with the Colliers’ global platform and experience will accelerate the success of our clients and real estate professionals for many years to come,' Radford added.
'This addition is the latest in a series of strategic acquisitions that we have completed in Europe and is our fourth strategic investment in the UK in the past two years. We continue to invest in our operations to reinforce the Colliers International brand and platform as the global firm of choice for organizations and professionals who seek to align with a company differentiated by an enterprising culture,' concluded Chris McLernon, EMEA CEO Colliers International.
