Colliers adds leading telecommunications engineering firm

Company Overview - Colliers, a leading diversified professional services and investment management company, has announced the acquisition of Terra Consulting Group, a specialty telecommunications infrastructure engineering firm [1][2] - The acquisition enhances Colliers Engineering's presence in the Midwest and positions the company to leverage growth in the telecommunications sector [1] Industry Impact - Terra Consulting Group, founded in 1994, employs 70 professionals and provides various services including telecommunications engineering and site acquisition across five Midwest offices [2] - The acquisition is expected to bolster Colliers Engineering's capabilities and allow for more comprehensive services to clients, aligning with the rapid growth in the telecommunications industry [3] Financial Performance - Colliers has a proven business model with annual revenues exceeding $4.8 billion and manages assets worth $99 billion [4] - The company has consistently delivered approximately 20% compound annual returns for shareholders over the past 30 years [4]