Global real estate firm, Colliers International, to acquire majority stake in Maser Consulting, a ~$200 million revenue, multi-discipline engineering design and consulting firm
March 9, 2020
AEC Advisors initiated and advised Colliers International on its pending acquisition of a majority stake in Maser Consulting.
Colliers is a ~$3 billion revenue, Canadian headquartered, global commercial real estate services and investment management firm. Maser is a Red Bank, New Jersey headquartered engineering design and consulting firm with more than 1,000 professionals operating from 34 offices across 12 states. Maser provides planning, consulting and design engineering services to multiple end markets including site civil, survey and geospatial, transportation, water and wastewater, telecommunication and geo-environmental.
With the addition of engineering services, Colliers aims to to broaden the suite of services it provides to its commercial real estate clients, increase its presence in the attractive public infrastructure market, and create a new growth area.
Jay Hennick, Global Chairman & CEO of Colliers: “Our investment in Maser is another step forward in our strategy of adding more highly valued, essential services to our private and public real estate and infrastructure clients. The transaction establishes us as a major player in the engineering design and consulting sector in the U.S., providing us with another important engine for growth. We see tremendous potential in this segment of the market and expect to leverage our proven track record, acquisition expertise and global brand and platform to grow this business into new markets, as well as cross-sell services to our combined client base.”
Richard Maser, Founder & Chairman of Maser: “Our partnership with Colliers – the first in our industry – is the next evolution of our business. Colliers’ enterprising culture, decentralized management style, significant insider ownership and proven track record were important factors in choosing our strategic partner.”
About AEC Advisors
AEC Advisors LLC is a leading investment banking and corporate finance advisory firm for executives and boards of Architecture, Engineering & Consulting ("AEC") firms. The four principals have completed over 140 M&A transactions in the AEC industry and have advised over 500 AEC firms on corporate finance issues, including M&A, capitalization & modeling, stock valuation, KPI benchmarking, and internal ownership transitions. Our goal is to help key decision‐makers of AEC firms confidently address financial issues and opportunities, so that they can focus on their clients, projects, and people.
Andrej Avelini, President
Josh Lahre, Senior Principal
Tyler Albright, Principal
Joe Smetona, Principal