Colliers adds leading telecommunications engineering firm
Colliers (NASDAQ, TSX: CIGI) has announced the acquisition of Terra Consulting Group, LLC, a Chicago-based telecommunications infrastructure engineering firm, through its Colliers Engineering & Design division. Founded in 1994, Terra employs 70 professionals across five Midwest offices, specializing in telecommunications engineering, land development, site acquisition, and structural design services.
This strategic acquisition enhances Colliers Engineering's Midwest presence and strengthens its telecommunications sector capabilities. The integration aims to provide more comprehensive and integrated services to clients, leveraging Terra's expertise and relationships in the telecommunications industry. Financial terms of the transaction were not disclosed.
Colliers (NASDAQ, TSX: CIGI) ha annunciato l'acquisizione di Terra Consulting Group, LLC, una società di ingegneria per infrastrutture di telecomunicazioni con sede a Chicago, tramite la sua divisione Colliers Engineering & Design. Fondata nel 1994, Terra impiega 70 professionisti distribuiti in cinque uffici nel Midwest, specializzati in ingegneria delle telecomunicazioni, sviluppo del territorio, acquisizione di siti e servizi di progettazione strutturale.
Questa acquisizione strategica rafforza la presenza di Colliers Engineering nel Midwest e potenzia le sue competenze nel settore delle telecomunicazioni. L'integrazione mira a offrire ai clienti servizi più completi e integrati, sfruttando l'esperienza e i rapporti di Terra nel settore delle telecomunicazioni. I termini finanziari dell'operazione non sono stati resi noti.
Colliers (NASDAQ, TSX: CIGI) ha anunciado la adquisición de Terra Consulting Group, LLC, una firma de ingeniería de infraestructura de telecomunicaciones con sede en Chicago, a través de su división Colliers Engineering & Design. Fundada en 1994, Terra cuenta con 70 profesionales distribuidos en cinco oficinas en el Medio Oeste, especializados en ingeniería de telecomunicaciones, desarrollo de terrenos, adquisición de sitios y servicios de diseño estructural.
Esta adquisición estratégica fortalece la presencia de Colliers Engineering en el Medio Oeste y refuerza sus capacidades en el sector de telecomunicaciones. La integración busca ofrecer servicios más completos e integrados a los clientes, aprovechando la experiencia y las relaciones de Terra en la industria de las telecomunicaciones. No se divulgaron los términos financieros de la transacción.
콜리어스(NASDAQ, TSX: CIGI)는 시카고에 본사를 둔 통신 인프라 엔지니어링 회사인 테라 컨설팅 그룹 LLC를 콜리어스 엔지니어링 & 디자인 부문을 통해 인수했다고 발표했습니다. 1994년에 설립된 테라는 미드웨스트 지역의 5개 사무소에 70명의 전문가를 두고 있으며, 통신 엔지니어링, 토지 개발, 부지 확보 및 구조 설계 서비스를 전문으로 합니다.
이번 전략적 인수는 콜리어스 엔지니어링의 미드웨스트 지역 입지를 강화하고 통신 부문 역량을 높입니다. 통합을 통해 테라의 전문 지식과 통신 산업 내 관계를 활용하여 고객에게 보다 포괄적이고 통합된 서비스를 제공하는 것이 목표입니다. 거래의 재무 조건은 공개되지 않았습니다.
Colliers (NASDAQ, TSX : CIGI) a annoncé l'acquisition de Terra Consulting Group, LLC, une société d'ingénierie en infrastructures de télécommunications basée à Chicago, via sa division Colliers Engineering & Design. Fondée en 1994, Terra compte 70 professionnels répartis dans cinq bureaux du Midwest, spécialisés en ingénierie des télécommunications, aménagement foncier, acquisition de sites et conception structurelle.
Cette acquisition stratégique renforce la présence de Colliers Engineering dans le Midwest et consolide ses capacités dans le secteur des télécommunications. L'intégration vise à offrir des services plus complets et intégrés aux clients, en tirant parti de l'expertise et des relations de Terra dans l'industrie des télécommunications. Les termes financiers de la transaction n'ont pas été divulgués.
Colliers (NASDAQ, TSX: CIGI) hat die Übernahme von Terra Consulting Group, LLC, einem in Chicago ansässigen Ingenieurbüro für Telekommunikationsinfrastruktur, über seine Division Colliers Engineering & Design bekannt gegeben. Terra wurde 1994 gegründet und beschäftigt 70 Fachkräfte an fünf Standorten im Mittleren Westen, die auf Telekommunikationsingenieurwesen, Landentwicklung, Standortakquisition und Tragwerksplanung spezialisiert sind.
Diese strategische Übernahme stärkt die Präsenz von Colliers Engineering im Mittleren Westen und erweitert die Kompetenzen im Telekommunikationssektor. Die Integration zielt darauf ab, den Kunden umfassendere und integrierte Dienstleistungen anzubieten, indem Terras Fachwissen und Beziehungen in der Telekommunikationsbranche genutzt werden. Die finanziellen Details der Transaktion wurden nicht bekannt gegeben.
- Expansion of telecommunications engineering capabilities in the growing telecom sector
- Geographic expansion with 5 new offices in the Midwest region
- Addition of 70 skilled employees strengthening the workforce
- Enhanced service offering through integration of Terra's specialized expertise
- Undisclosed transaction value creates uncertainty about the financial impact
Expands wireless infrastructure capabilities
TORONTO and CHICAGO, May 05, 2025 (GLOBE NEWSWIRE) -- Leading diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today that its Colliers Engineering & Design (“Colliers Engineering”) division has acquired Terra Consulting Group, LLC (“Terra”), a specialty telecommunications infrastructure engineering firm based in Chicago, Illinois. This acquisition strengthens Colliers Engineering’s footprint in the Midwest and positions the platform to capitalize on the rapid growth in the telecommunications sector. Terms of the transaction were not disclosed.
Founded in 1994, Terra’s 70 employees provide telecommunications engineering, land development, site acquisition and structural design services from five offices througout the Midwest region.
“Terra brings deep expertise and relationships in the telecommunications sector, bolstering our existing capabilities and allowing us to further capitalize on the rapid growth in the industry,” said Kevin L. Haney, PE, President & CEO, Colliers Engineering. “We are excited to welcome the Terra team to the Colliers family.”
“Joining Colliers Engineering & Design will allow us to offer more comprehensive and integrated services to our clients,” said John J. Zimmermann, PE, President, Terra. “Colliers’ entreprenurial culture and client service focus aligns perfectly with how we operate, and we are confident that joining forces will create many opportunities and continued success for our people.”
Company Contacts:
Christian Mayer
Chief Financial Officer
(416) 960-9500
Kevin L. Haney, PE
President and CEO | Colliers Engineering & Design
(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 Service, 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
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