Colliers acquires California-based transit engineering and program management firm

Colliers (NASDAQ, TSX: CIGI) announced that Colliers Engineering U.S. acquired Ramos Consulting Services, a California transit program management, construction management, and engineering firm, on Feb. 4, 2026.

Rhea-AI Summary

Colliers (NASDAQ, TSX: CIGI) announced that Colliers Engineering U.S. acquired Ramos Consulting Services, a California transit program management, construction management, and engineering firm, on Feb. 4, 2026. Ramos CS brings 50 professionals and experience supporting more than $20 billion in capital programs.

Under Colliers' partnership model, Ramos CS senior leaders will continue to run the California transit business and become significant shareholders in Colliers Engineering; transaction terms were not disclosed.

Positive

• Enhances U.S. transit capabilities in a top infrastructure market
• Adds 50 professionals with specialized transit and program management expertise
• $20 billion of supported capital programs experience bolsters project credibility
• Leadership continuity with Ramos senior team remaining and taking equity positions

Negative

• Terms of the transaction were not disclosed, leaving financial impact unclear

Argus Feb 4 session

+4.89% close to close Open Argus

Details

News Market Reaction – CIGI

On Feb 4, the day this news came out, CIGI closed 4.89% above the previous close.

Data tracked by StockTitan Argus for the Feb 4 session.

Market Context

This announcement adds another acquisition to Colliers’ multi-year expansion of its engineering and ...

Analysis

This announcement adds another acquisition to Colliers’ multi-year expansion of its engineering and infrastructure platform, bringing in 50 professionals and experience across over $20 billion of capital programs. It complements prior deals in Canadian real estate services, European credit, and infrastructure advisory. Investors may track how these bolt-on deals contribute to scale, margins, and regional diversification, while also watching upcoming earnings and regulatory filings for more detail on integration progress and financial impact.

Key Figures

Capital programs supported: $20 billion Ramos CS professionals: 50 professionals Ramos CS founding year: 2008

Capital programs supported

$20 billion

Capital programs Ramos CS professionals have supported across transit and public works

Ramos CS professionals

50 professionals

Staff at Ramos Consulting Services at time of acquisition

Ramos CS founding year

2008

Year Ramos Consulting Services was founded

Previous Acquisition Reports

5 past events · Latest: Jul 30

Same Type 5 events

1. Jul 30

   Investment stake acquisition

   24h Move

   -0.6%

   Harrison Street bought 60% of RoundShield to expand European credit platform.

2. Jul 25

   Advisory firm acquisition

   24h Move

   +0.5%

   Controlling interest in Astris Finance to grow infrastructure banking.

3. Jun 05

   Real estate platform deal

   24h Move

   +0.7%

   Completed Triovest acquisition strengthening Canadian commercial platform.

4. Apr 15

   Major Canadian acquisition

   24h Move

   -0.2%

   Announced Triovest acquisition to create Canada’s largest CRE firm.

5. Sep 03

   Engineering firm acquisition

   24h Move

   -2.4%

   Acquisition of Pritchard Francis to expand Australian engineering presence.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

broker-dealer, registered broker-dealer

2 terms

broker-dealer financial

"AEC Advisors, through its registered broker-dealer affiliate AEC Transaction Services"

A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.

registered broker-dealer regulatory

"AEC Advisors, through its registered broker-dealer affiliate AEC Transaction Services"

A registered broker-dealer is a firm licensed by regulators to legally buy and sell stocks, bonds and other securities for clients or on its own account; think of it as a regulated marketplace intermediary or licensed shop for investments. It matters to investors because registration brings required oversight, record-keeping and customer protections that reduce fraud risk, provide access to public markets and ensure trades follow rules for fairness and transparency.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Bolsters U.S. public transportation capabilities and deepens presence in a top infrastructure market

TORONTO and PASADENA, Calif., Feb. 04, 2026 (GLOBE NEWSWIRE) -- Leading diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today that the U.S. division of its Engineering segment (“Colliers Engineering”) has acquired Ramos Consulting Services, Inc. (“Ramos CS”), a California-based provider of program management, construction management, and engineering services for major public transit projects. The addition of Ramos CS enhances Colliers Engineering’s capabilities in one of the most active transit markets in the United States. Under Colliers’ unique partnership model, Ramos CS’ senior leadership team will continue to lead the transit business in California and become significant shareholders in Colliers Engineering. Terms of the transaction were not disclosed. 

Founded in 2008, Ramos CS has become a trusted advisor to public transportation agencies across California. The firm’s 50 professionals have supported more than $20 billion in capital programs spanning transit, transportation, and public works.

“Ramos’ reputation in the California transportation sector is exceptional,” said Kevin L. Haney, PE, President & CEO, Colliers Engineering & Design Ӏ U.S. “Their deep project experience and longstanding relationships will meaningfully strengthen our growing infrastructure capabilities. We are thrilled to welcome their talented team to Colliers.”

“Joining Colliers represents an exciting and strengthened new chapter for our people and our clients,” said Armando Ramos, PE, President & CEO, Ramos CS. “Colliers’ commitment to technical excellence, culture, and client service aligns seamlessly with how we’ve built our business. Together, we will continue to take on larger, more complex projects and offer broader solutions to our clients.”

AEC Advisors, through its registered broker-dealer affiliate AEC Transaction Services LLC, was the exclusive financial advisor to Ramos CS.

Company Contacts:
Elias Mulamoottil
Chief Investment Officer 
(416) 960-9500

Kevin L. Haney, PE
President and CEO, Colliers Engineering & Design | U.S.
(732) 383-1950

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 $5.5 billion in annual revenues, a team of 24,000 professionals, and $108 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Colliers (CIGI) announce about the Ramos CS acquisition on Feb. 4, 2026?

Colliers acquired Ramos Consulting Services to strengthen U.S. transit capabilities, effective Feb. 4, 2026. According to the company, Ramos CS adds 50 professionals and experience supporting over $20 billion in capital programs, and its senior leaders will remain and take equity roles.

How many employees and project experience did Ramos CS bring to Colliers (CIGI)?

Ramos CS contributed a team of 50 professionals and extensive project experience. According to the company, the firm has supported more than $20 billion in capital programs across transit, transportation, and public works in California.

Will Ramos CS leadership remain after the Colliers (CIGI) acquisition and what is their role?

Yes. Ramos CS senior leadership will continue to lead the California transit business and become significant shareholders. According to the company, this maintains operational continuity and aligns management with Colliers Engineering's partnership model.

Did Colliers (CIGI) disclose financial terms for the Ramos CS acquisition?

No, Colliers did not disclose transaction terms for the Ramos CS acquisition. According to the company, the deal structure includes equity for Ramos leadership, but the specific financial details were not released.