Colliers acquires Ramos Consulting Services

Executive Summary

• Colliers International Group Inc.'s U.S. engineering segment has acquired Ramos Consulting Services Inc. (Ramos CS), a California-based provider of program management, construction management, and engineering services for public transit projects.
• The acquisition is intended to enhance Colliers Engineering's capabilities in the California transit market, a region described as one of the most active in the United States.
• Under the transaction terms, Ramos CS's senior leadership team will continue to lead the transit business in California and will become significant shareholders in Colliers Engineering.

Key Details

• Acquirer: Colliers International Group Inc. (specifically its U.S. engineering segment).
• Target: Ramos Consulting Services Inc. (Ramos CS), a California-based firm founded in 2008.
• Target Profile: Ramos CS employs 50 professionals and has supported over $20 billion in capital programs spanning transit, transportation, and public works.
• Transaction Structure: Ramos CS's senior leadership team will retain leadership of the California transit business and become significant shareholders in Colliers Engineering.
• Financial Terms: Specific financial details of the transaction were not disclosed.
• Financial Adviser: AEC Advisors, through its registered broker-dealer affiliate AEC Transaction Services LLC, served as the exclusive financial adviser to Ramos CS.

Notable Quotes

• Kevin L. Haney, PE, President and CEO, Colliers Engineering & Design U.S.: "Ramos's reputation in the California transportation sector is exceptional. Their deep project experience and long-standing relationships will meaningfully strengthen our growing infrastructure capabilities. We are thrilled to welcome their talented team to Colliers."
• Armando Ramos, PE, President and CEO, Ramos CS: "Joining Colliers represents an exciting and strengthened new chapter for our people and our clients. 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."