Colliers Expands Presence in South Australia with Acquisition of Greenhill Engineers

Colliers acquires Greenhill Engineers, expanding its services in South Australia while retaining Greenhill's leadership.

Quiver AI Summary

Colliers has announced the acquisition of Greenhill Engineers Pty Ltd, an urban development consultancy based in Adelaide, marking its entry into the South Australian market. Following the acquisition, Greenhill will operate under the name "Colliers Engineering & Design," with its senior leaders remaining on board as shareholders. Greenhill, founded in 2004, offers services in civil engineering, transport infrastructure, and landscape architecture. This move is part of Colliers Engineering's strategy for growth and expansion, aimed at enhancing technical capabilities and geographic reach while maintaining a strong focus on client service excellence and employee experience.

Potential Positives

Colliers Engineering & Design Australia expands its geographic presence in South Australia through the acquisition of Greenhill Engineers, enhancing market reach.
The integration of Greenhill’s services strengthens Colliers Engineering's technical capabilities, providing improved service offerings to clients.
Greenhill's senior leadership will continue to lead operations, ensuring continuity and retaining expertise within the newly integrated team.
The acquisition aligns with Colliers’ long-term growth ambitions, reflecting a strategic move to attract top-tier firms and professionals into its partnership model.

Potential Negatives

Terms of the acquisition were not disclosed, which may raise concerns about the financial implications and valuations involved.
The press release does not provide details on how the integration of Greenhill will impact existing operations or staff within Colliers Engineering, leading to uncertainty about potential layoffs or restructuring.
While the acquisition aims to enhance Colliers' market presence, it may also divert resources and focus from existing operations, raising questions about strategic priorities.

FAQ

What is the recent acquisition by Colliers Engineering?

Colliers Engineering has acquired Greenhill Engineers Pty Ltd, enhancing its presence in South Australia.

Who will lead the operations at Colliers Engineering after the acquisition?

The senior leadership of Greenhill will continue to lead operations as shareholders under Colliers' partnership model.

What services does Greenhill Engineers provide?

Greenhill offers civil engineering, electrical infrastructure, transport infrastructure, and landscape architecture services.

What are the benefits of this acquisition for Colliers Engineering?

This acquisition strengthens technical capabilities and enhances geographic reach in South Australia for better client service.

What is the vision of Colliers according to their CEO?

John Kenny emphasized the acquisition supports Colliers' long-term growth ambitions and attracts top firms to their platform.

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.

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Wall Street analysts have issued reports on $CIGI in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

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Scott Fletcher from CIBC set a target price of $179.0 on 10/20/2025
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Anthony Paolone from JP Morgan set a target price of $181.0 on 08/26/2025
Jimmy Shan from RBC Capital set a target price of $185.0 on 08/01/2025

Full Release

TORONTO and ADELAIDE, Australia, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Colliers (NASDAQ, TSX: CIGI) announced today that Colliers Engineering & Design Australia (“Colliers Engineering”) has acquired Greenhill Engineers Pty Ltd (“Greenhill”), a leading urban development consultancy based in Adelaide.

The acquisition establishes Colliers Engineering’s presence in the important South Australian market. Greenhill’s senior leadership will continue to lead these operations as shareholders of Colliers Engineering under Colliers’ unique partnership model. The business will rebrand as “Colliers Engineering & Design” and integrate into the Colliers Engineering platform. Terms of the transaction were not disclosed.

Founded in 2004, Greenhill’s 65 professionals provide civil engineering, electrical infrastructure, transport infrastructure, and landscape architecture services to private and public clients.

“The acquisition of Greenhill expands Colliers Engineering into a new geography and reaffirms our long-term growth ambitions,” said John Kenny, CEO | Colliers Asia Pacific. “Greenhill was drawn to our brand, perpetual partnership model, and growth mindset, which continue to attract best-in-class firms to our platform.”

“We are excited to welcome Greenhill’s well-respected professionals and look forward to working collaboratively as partners to broaden our combined operations,” said Brent Thomas, Managing Director of Colliers Engineering. “This transaction allows us to better serve our clients through strengthened technical capabilities and enhanced geographic reach into South Australia.”

“Colliers’ values and entrepreneurial culture align perfectly with ours, making this partnership a natural next step for us,” said Monish Bhindi, Founder and Director of Greenhill. “We are pleased to join a respected global professional services firm that shares our commitment to client service excellence and employee experience, allowing our professionals to focus on delivering their best work for meaningful projects across the country.”

Colliers Contacts
John Kenny
Chief Executive Officer | Asia Pacific
+61 2 9257 0222

Brent Thomas
Managing Director | Colliers Engineering & Design Australia
+61 3 9562 7424

Greenhill Contact
Monish Bhindi
Founder and Director
+61 8 8406 1300

About Colliers
Colliers (NASDAQ, TSX: CIGI) is a global diversified professional services and investment management company. Operating through three industry-leading platforms – Real Estate Services, Engineering, and Investment Management – we have a proven business model, an enterprising culture, and a unique partnership philosophy that drives growth and value creation. For 30 years, Colliers has consistently delivered approximately 20% compound annual returns for shareholders, fuelled by visionary leadership, significant inside ownership and substantial recurring earnings. With over $5.0 billion in annual revenues, a team of 24,000 professionals, and more than $100 billion in assets under management, Colliers remains committed to accelerating the success of our clients, investors, and people worldwide. Learn more at corporate.colliers.com , X @Colliers or LinkedIn .