Colliers Completes Acquisition of Ayesa Engineering to Enhance Global Engineering Capabilities

Colliers has acquired Ayesa Engineering, expanding its engineering services globally and enhancing its project management capabilities.

Quiver AI Summary

Colliers has successfully completed its acquisition of Ayesa Engineering, a global multidiscipline engineering firm based in Spain. This strategic move enhances Colliers’ Engineering segment, expanding its workforce to over 11,000 professionals across 23 countries, which positions it as a leading global consultancy in engineering, design, and project management. Ayesa, which has participated in notable projects like the redesign of Santiago Bernabéu Stadium and numerous water facilities in Saudi Arabia, will benefit from Colliers' extensive global operations and partnership model. Colliers' CEO, Jay Hennick, emphasized the acquisition's potential to accelerate growth and enhance long-term value creation, while Ayesa's CEO, Rosalío Alonso, remarked on the opportunity for professionals to take significant ownership stakes in the business.

Potential Positives

Colliers has completed a strategic acquisition of Ayesa Engineering, significantly expanding its global scale and strengthening its engineering segment.
The addition of over 3,300 professionals from Ayesa Engineering boosts Colliers’ workforce to more than 11,000, enhancing its ability to deliver engineering and project management services worldwide.
This acquisition strengthens Colliers' presence in high-growth markets, particularly across Europe, Latin America, the Middle East, and South Asia, broadening its technical capabilities on a global scale.
Ayesa's involvement in high-profile projects, such as the transformation of the Santiago Bernabéu Stadium and complex infrastructure projects globally, showcases Colliers’ enhanced service offerings and expertise in significant projects.

Potential Negatives

Acquiring Ayesa Engineering may increase operational complexity and integration challenges, particularly in managing a larger workforce and aligning corporate cultures across different regions.
The press release does not specify the financial terms of the acquisition, which may raise concerns about the valuation and potential impact on Colliers' financials.
The statement emphasizes an aggressive growth strategy through acquisitions, which could indicate a potential over-reliance on M&A for expanding market presence rather than organic growth.

FAQ

What is the significance of Colliers acquiring Ayesa Engineering?

This acquisition expands Colliers' engineering business globally and strengthens its earnings resilience.

How many professionals will Colliers have after the acquisition?

Colliers will have over 11,000 professionals in its Engineering segment following the inclusion of Ayesa's 3,300 professionals.

Which markets will Ayesa Engineering help Colliers serve?

Ayesa Engineering will enhance Colliers' service capabilities in Europe, Latin America, the Middle East, and South Asia.

What are some notable projects of Ayesa Engineering?

Ayesa has worked on high-profile projects like the Santiago Bernabéu Stadium and major metro line designs globally.

Who advised Colliers during the acquisition of Ayesa Engineering?

Alantra acted as the financial advisor, while Uría Menéndez provided legal advice to Colliers.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$CIGI Revenue

$CIGI had revenues of $1.3B in Q1 2026. This is an increase of 15.1% from the same period in the prior year.

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$CIGI Hedge Fund Activity

We have seen 120 institutional investors add shares of $CIGI stock to their portfolio, and 102 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

DURABLE CAPITAL PARTNERS LP removed 2,540,921 shares (-75.4%) from their portfolio in Q1 2026, for an estimated $271,599,045
SPRUCE HOUSE INVESTMENT MANAGEMENT LLC added 1,209,867 shares (+93.0%) to their portfolio in Q1 2026, for an estimated $129,322,683
CIBC ASSET MANAGEMENT INC added 953,874 shares (+682.0%) to their portfolio in Q1 2026, for an estimated $101,959,591
1832 ASSET MANAGEMENT L.P. added 821,736 shares (+34.2%) to their portfolio in Q1 2026, for an estimated $87,835,361
BRITISH COLUMBIA INVESTMENT MANAGEMENT CORP removed 485,538 shares (-92.8%) from their portfolio in Q1 2026, for an estimated $51,899,156
BEUTEL, GOODMAN & CO LTD. added 430,817 shares (+26.9%) to their portfolio in Q1 2026, for an estimated $46,050,029
PICTON MAHONEY ASSET MANAGEMENT removed 375,697 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $40,158,252

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Full Release

TORONTO, May 27, 2026 (GLOBE NEWSWIRE) -- Colliers (NASDAQ, TSX: CIGI), a global leader in professional services and investment management, announced today it has completed its previously announced acquisition of Ayesa Engineering S.A.U. (“ Ayesa Engineering” or “Ayesa ”), the engineering division of Ayesa Inversiones S.L.U. (“ Ayesa Group ”). Ayesa Engineering is a global multidiscipline engineering and project management firm headquartered in Seville, Spain, that provides technical consulting services across four continents. Ayesa’s leadership team has retained significant equity under Colliers’ unique partnership model and will drive the operations and growth of the business going forward.

With the addition of Ayesa Engineering’s more than 3,300 professionals, Colliers’ Engineering segment (“ Colliers Engineering ”) now operates in 23 countries with over 11,000 professionals, firmly establishing Colliers Engineering as a leading global consultancy delivering engineering, design, project management, and other technical consulting services across Property & Buildings, Infrastructure & Transportation, Water, and Environmental end markets.

“Ayesa is a highly strategic acquisition that meaningfully expands the global scale of our engineering business, strengthens the resilience of our earnings, and underscores the power of our partnership model,” said Jay Hennick, Global Chairman and Chief Executive Officer of Colliers. “Our ability to partner with exceptional operators and align them for long-term growth differentiates Colliers. More than 700 of our operators are partners in our engineering business, creating strong alignment, reinforcing our entrepreneurial culture, and driving long-term value creation. Looking ahead, we see significant opportunity to accelerate global growth within our engineering business, both organically and through acquisitions.”

“This acquisition strengthens our ability to serve clients in attractive, high-growth markets across Europe, Latin America, the Middle East and South Asia, while broadening our technical capabilities on a global scale,” said Elias Mulamoottil, Chief Investment Officer and CEO of Engineering at Colliers. “That expertise is reflected in Ayesa’s complex, high-profile projects such as the design and project oversight of the transformation of the Santiago Bernabéu Stadium in Madrid, the design of hundreds of desalination and water distribution facilities across Saudi Arabia, and the design and project oversight of several metro lines globally including the Bogotá Metro in Colombia.”

“Partnering with Colliers creates an exceptional opportunity for our professionals to become significant stakeholders in the business, reinforcing long-term stability and our focus on delivering the best outcomes for clients,” said Rosalío Alonso, Chief Executive Officer of Ayesa Engineering. “It also gives us the ability to leverage Colliers’ significant engineering operations in the U.S., Canada, and Australia, while benefiting from its more than 30-year track record of scaling global businesses and creating long-term value for all stakeholders.”

In connection with the transaction, Alantra acted as financial advisor and Uría Menéndez acted as legal advisor to Colliers. Baird and Arcano Partners acted as financial advisors and Pérez-Llorca and Weil, Gotshal & Manges acted as legal advisors to Ayesa Group and its owners, A&M Capital Europe and the Manzanares family.

Colliers Contacts
Elias Mulamoottil
Chief Investment Officer & CEO, Engineering

Christian Mayer
Chief Financial Officer & CEO, Commercial Real Estate

(416) 960-9500

About Colliers

Colliers (NASDAQ, TSX: CIGI) is a global diversified professional services and investment management company operating through three industry-leading businesses: Commercial Real Estate, Engineering, and Investment Management. With greater than a 30-year track record of consistent growth and strong recurring cash flows, we scale complementary, high-value businesses that provide essential services across the full asset lifecycle. Our unique partnership philosophy empowers exceptional leaders, preserves our entrepreneurial culture, and ensures meaningful inside ownership — driving strong alignment and sustained value creation for our shareholders. With $5.7 billion in annual revenues, 24,000 professionals, and $109 billion in assets under management, Colliers is committed to accelerating the success of our clients, investors, and people worldwide. Learn more at corporate.colliers.com .

About Ayesa Engineering
Ayesa Engineering is a leading multidisciplinary engineering and project management firm headquartered in Spain. With approximately 3,300 professionals operating in 21 countries, the company delivers innovative design, site supervision, and consultancy services across transportation, water, buildings & cities, and energy sectors. Ayesa Engineering is recognized for its technical excellence and ability to manage complex infrastructure projects for both public and private clients. Its approach combines deep sector expertise with a commitment to sustainability and cutting-edge solutions, making it a trusted partner in shaping the future of global infrastructure. For more information, visit http://www.ayesa.com .