Colliers to partner with leading engineering firm in Ontario

Core Insights - Colliers has announced the acquisition of Cambium Inc., enhancing its Canadian engineering platform, Englobe Corporation, and expanding its presence in Ontario's engineering market [1][3] Company Overview - Colliers is a global diversified professional services and investment management company with nearly $5.0 billion in annual revenues and over 23,000 professionals [4] - Cambium, founded in 2006, employs 235 professionals and provides various engineering services across Ontario, primarily in the Greater Toronto Area and Ottawa region [2] Strategic Importance - This acquisition marks Colliers' fourth follow-on investment in less than a year, emphasizing its strategic focus on strengthening Englobe's market position in Ontario [3] - Cambium's integration into Englobe is expected to enhance capabilities and geographic reach, allowing for improved client service [3] Leadership and Cultural Fit - Cambium's senior team will become shareholders in Englobe, aligning their interests with Colliers' long-term growth aspirations [1][3] - Both companies emphasize a shared cultural value of prioritizing people and relationships, which is seen as a key asset in their partnership [3]