Core Insights - Colliers has acquired Ramos Consulting Services, enhancing its capabilities in the U.S. public transportation sector [1][2] - The acquisition allows Ramos CS's leadership to continue managing the transit business in California while becoming significant shareholders in Colliers Engineering [1][3] Company Overview - Colliers is a global diversified professional services and investment management company with $5.5 billion in annual revenues and $108 billion in assets under management [4] - The company operates through three main platforms: Real Estate Services, Engineering, and Investment Management, and has a proven business model that delivers approximately 20% compound annual returns for shareholders [4] Ramos Consulting Services - Founded in 2008, Ramos CS has supported over $20 billion in capital programs across transit, transportation, and public works in California [2] - The firm employs 50 professionals and is recognized as a trusted advisor to public transportation agencies [2] Strategic Implications - The acquisition is expected to strengthen Colliers' infrastructure capabilities and allow for the undertaking of larger, more complex projects [3] - Both companies express alignment in their commitment to technical excellence, culture, and client service, indicating a strong potential for collaboration [3]
Colliers acquires California-based transit engineering and program management firm