CBRE acquires engineering services firm Pearce Services for $1.2bn
Type: Acquisition · Technology: Data Center, Telecom, Storage, Other · Country: United States · Value: $1.2B · Announced: 2024-10-14
CBRE Group, Inc. acquired Pearce Services, a California-based engineering services firm for digital and power infrastructure, for approximately $1.2 billion in cash plus up to $115 million earn-out.
Counterparties
- New Mountain Capital (Seller)
- CBRE Group, Inc (Buyer)
- Pearce Services (Seller)
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