Colliers bolsters engineering offering in Canada
Colliers (NASDAQ, TSX: CIGI) announced that its Canadian engineering platform, Englobe Corporation, has acquired LRL Associates Ltd., a multidisciplinary engineering consulting firm operating in Ontario and New Brunswick. Founded in 1984, LRL brings 50 professionals specializing in mechanical, electrical, civil, structural, environmental, and geotechnical engineering consulting services.
Under Colliers' partnership model, LRL's management team will become shareholders of Englobe. The acquisition strengthens Englobe's presence in Canada's largest market and expands its service capabilities. The financial terms of the transaction were not disclosed.
Colliers (NASDAQ, TSX: CIGI) ha annunciato che la sua divisione ingegneristica canadese, Englobe Corporation, ha acquisito LRL Associates Ltd., uno studio di consulenza ingegneristica multidisciplinare attivo in Ontario e New Brunswick. Fondata nel 1984, LRL conta 50 professionisti specializzati in servizi di consulenza in ingegneria meccanica, elettrica, civile, strutturale, ambientale e geotecnica.
Nell'ambito del modello di partnership di Colliers, il team di gestione di LRL entrer脿 come azionista in Englobe. L'acquisizione rafforza la presenza di Englobe nel pi霉 grande mercato canadese e amplia le sue capacit脿 di servizio. I termini finanziari dell'operazione non sono stati resi noti.
Colliers (NASDAQ, TSX: CIGI) anunci贸 que su plataforma de ingenier铆a en Canad谩, Englobe Corporation, ha adquirido a LRL Associates Ltd., una firma de consultor铆a de ingenier铆a multidisciplinaria que opera en Ontario y New Brunswick. Fundada en 1984, LRL aporta 50 profesionales especializados en servicios de consultor铆a en ingenier铆a mec谩nica, el茅ctrica, civil, estructural, ambiental y geot茅cnica.
Bajo el modelo de asociaci贸n de Colliers, el equipo directivo de LRL pasar谩 a ser accionista de Englobe. La adquisici贸n refuerza la presencia de Englobe en el mayor mercado de Canad谩 y ampl铆a sus capacidades de servicio. No se divulgaron los t茅rminos financieros de la transacci贸n.
Colliers (NASDAQ, TSX: CIGI)電� 旌愲倶雼� 鞐旍雼堨柎毵� 頂岆灚韽检澑 Englobe Corporation鞚� 鞓儉毽槫鞕� 雺措笇霟办鞙呾棎靹� 頇滊彊頃橂姅 雼ろ暀鞝� 鞐旍雼堨柎毵� 旎劋韺� 鞐呾泊 LRL Associates Ltd.毳� 鞚胳垬頄堧嫟瓿� 氚滍憸頄堨姷雼堧嫟. 1984雲勳棎 靹る霅� LRL鞚� 旮瓣硠, 鞝勱赴, 韱犽, 甑“, 頇橁步 氚� 歆�氚橁车頃� 旎劋韺呾潉 鞝勲鞙茧 頃橂姅 50氇呾潣 鞝勲臧�毳� 氤挫湢頃橁碃 鞛堨姷雼堧嫟.
Colliers鞚� 韺岉姼雱堨嫮 氇嵏鞐� 霐半澕 LRL鞚� 瓴届榿歆勳潃 Englobe鞚� 欤检＜臧� 霅╇媹雼�. 鞚措矆 鞚胳垬電� 旌愲倶雼� 斓滊寑 鞁滌灔鞐愳劀 Englobe鞚� 鞛呾毳� 臧曧檾頃橁碃 靹滊箘鞀� 鞐焿鞚� 頇曤寑頃╇媹雼�. 瓯半灅鞚� 鞛 臁瓣贝鞚� 瓿店皽霅橃 鞎婌晿鞀惦媹雼�.
Colliers (NASDAQ, TSX: CIGI) a annonc茅 que sa plateforme d'ing茅nierie canadienne, Englobe Corporation, a acquis LRL Associates Ltd., un cabinet de conseil en ing茅nierie pluridisciplinaire op茅rant en Ontario et au New Brunswick. Fond茅e en 1984, LRL apporte 50 professionnels sp茅cialis茅s en ing茅nierie m茅canique, 茅lectrique, civile, structurelle, environnementale et g茅otechnique.
Dans le cadre du mod猫le de partenariat de Colliers, l'茅quipe de direction de LRL deviendra actionnaire d'Englobe. Cette acquisition renforce la pr茅sence d'Englobe sur le plus grand march茅 canadien et 茅tend ses capacit茅s de service. Les termes financiers de la transaction n'ont pas 茅t茅 divulgu茅s.
Colliers (NASDAQ, TSX: CIGI) gab bekannt, dass seine kanadische Ingenieursplattform Englobe Corporation LRL Associates Ltd. 眉bernommen hat, ein multidisziplin盲res Ingenieurberatungsunternehmen, das in Ontario und New Brunswick t盲tig ist. LRL wurde 1984 gegr眉ndet und bringt 50 Fachleute mit, die auf mechanische, elektrische, Bau-, Struktur-, Umwelt- und geotechnische Ingenieurberatung spezialisiert sind.
Im Rahmen des Partnerschaftsmodells von Colliers wird das Managementteam von LRL Anteilseigner von Englobe. Die 脺bernahme st盲rkt Englobes Pr盲senz im gr枚脽ten Markt Kanadas und erweitert dessen Dienstleistungskompetenzen. 脺ber die finanziellen Bedingungen der Transaktion wurde nichts bekanntgegeben.
- Acquisition adds 50 skilled engineering professionals to Englobe's workforce
- Expands service capabilities with multiple engineering disciplines
- Strengthens presence in Ontario, Canada's largest market
- Management team retention through partnership model
- Financial terms and transaction value not disclosed
Insights
Colliers expands engineering footprint in Canada through Englobe's acquisition of LRL, strengthening its professional services portfolio.
Colliers has made a strategic move to enhance its Canadian engineering presence through its Englobe Corporation platform's acquisition of LRL Associates Ltd. This transaction brings 50 professionals with multidisciplinary engineering expertise into Colliers' fold, significantly bolstering Englobe's capabilities in Ontario鈥擟anada's largest market鈥攁nd adding presence in New Brunswick.
The deal follows Colliers' partnership model, where LRL's management team becomes Englobe shareholders, fostering alignment and retention of key talent. This structure has proven effective for Colliers in attracting quality firms to its platform while maintaining entrepreneurial culture.
LRL's 39-year operating history and diverse engineering services鈥攕panning mechanical, electrical, civil, structural, environmental, and geotechnical consulting鈥攃omplement Englobe's existing offerings. This acquisition provides Colliers with enhanced cross-selling opportunities across its professional services ecosystem and deepens its technical capabilities to serve both public and private sector clients.
The transaction reflects Colliers' disciplined growth strategy of expanding its professional services portfolio through targeted acquisitions of specialized firms. By strengthening its engineering segment, Colliers diversifies revenue streams beyond its traditional real estate services, potentially improving margin profiles and creating more stable, recurring revenue sources.
While financial terms weren't disclosed, this tuck-in acquisition represents a continuation of Colliers' pattern of making strategic, capability-enhancing investments rather than transformative deals, suggesting a measured approach to capital deployment while expanding market share in professional services.
Acquisition enhances Englobe鈥檚 scale and capabilities in Ontario
TORONTO and OTTAWA, Ontario, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Colliers (NASDAQ, TSX: CIGI) announced today that its Canadian engineering platform, Englobe Corporation (鈥淓nglobe鈥�), has acquired LRL Associates Ltd. (鈥淟RL鈥�), a top-tier multidisciplinary engineering consulting firm in Ontario and New Brunswick. LRL鈥檚 management team will become shareholders of Englobe under Colliers鈥� unique partnership model. Terms of the transaction were not disclosed.
Founded in 1984, LRL鈥檚 50 professionals provide mechanical, electrical, civil, structural, environmental, and geotechnical engineering consulting services to public and private clients.
鈥淭his investment strengthens our scale and services in Canada鈥檚 largest market,鈥� said Elias Mulamoottil, Chief Investment Officer of Colliers. 鈥淭he transaction demonstrates our continued success in attracting quality firms to our platform by leveraging our unique partnership model, enterprising culture, and long-term growth aspirations.鈥�
鈥淟RL鈥檚 professionals have a longstanding track record of providing flexible, turn-key solutions to diverse organizations, thereby deepening Englobe鈥檚 expertise and allowing us to better serve our collective clients,鈥� said Mike Cormier, President of Englobe. 鈥淲e are extremely excited to welcome these respected professionals to Englobe.鈥�
鈥淟RL鈥檚 culture of client service excellence and rewarding employee experience aligns perfectly with Englobe, making this partnership the obvious next step for us,鈥� said Christian Robichaud, President of LRL. 鈥淲e look forward to joining a global professional services organization and leveraging their platform, relationships, and infrastructure to increase the opportunities for our people and provide better outcomes for our clients.鈥�
Colliers Contacts
Elias Mulamoottil
Chief Investment Officer
(416) 960-9500
Mike Cormier
President | Englobe
(514) 281-5151
About Colliers
Colliers (NASDAQ, TSX: CIGI)聽is a global diversified professional services and investment management company. Operating through three industry-leading platforms 鈥� AG真人官方 Estate Services, Engineering, and Investment Management聽鈥� we have a proven business model, an enterprising culture, and a unique partnership philosophy that drives growth and value creation. For 30 years, Colliers has consistently delivered approximately
FAQ
What company did Colliers (CIGI) acquire in September 2025?
How many employees does LRL Associates bring to Englobe?
What services does LRL Associates provide?
How will LRL's management team be integrated into Colliers?
What is the value of Colliers' acquisition of LRL Associates?
