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Stock Market & Financial Investment News

News Breaks
June 16, 2014
07:15 EDTFSRVFirstService acquires H2SO Property Consultants
FirstService has acquired H2SO Property Consultants, or H2SO, one of London's leading independent commercial property specialists. The new business will strengthen and expand the rapidly growing UK operations of Colliers, augment its existing investment and office agency expertise and complement the acquisition completed earlier in the year of a leading retail specialist. The addition will also expand operations throughout the UK, Europe and globally as more clients seek service providers to advise them on real transactions around the world. During 2013, the new acquisition generated approximately $12M in annual revenue.
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October 9, 2014
07:11 EDTFSRVFirstService establishes new Colliers International operation in France
FirstService has acquired a controlling interest in AOS Group. Headquartered in Paris, France, AOS will immediately be rebranded as "Colliers International" throughout France, Belgium, Spain, Morocco, UK, Netherlands, and Switzerland. Gilles Betthaeuser, Founder and CEO of AOS Group, will retain the balance of the equity and will continue to lead operations. The acquisition provides Colliers with a significant new base of operations in France and Belgium and augments existing operations in the other markets noted above, by providing Colliers clients with enhanced service offerings in tenant representation, project management and workplace consulting. AOS currently generates approximately $100M in annual revenues. Terms of the transactions were not disclosed.

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