This marks the latest step in the international expansion of Colliers' engineering and design business
Norton Rose Fulbright (NRF) has helped global real estate investment company Colliers complete its acquisition of Australian engineering services firm PEAKURBAN.
Colliers co-chief investment officer Elias Mulamoottil confirmed that the acquisition signifies the company’s latest international expansion of its engineering and design business following recent similar transactions in the US. The deal is also expected to enhance Colliers’ global engineering and design business and build its local capability to its Australian business.
Pursuant to the transaction, PEAKURBAN will rebrand and be integrated into Colliers’ existing Australian operations. Additionally, PEAKURBAN’s senior leadership team retains equity in the business and will continue to lead its growth in the local marketplace.
Partner Richard Lewis helmed the NRF team on all aspects of the acquisition. Other lawyers who pitched in were associate Meg Murray and associate Andrew Cho. Partner Steven Choi, senior associate Soorim Cha, and associate Joshua Hayes also provided legal support by conducting due diligence.
“We were delighted to assist Colliers in building a presence in the Australian engineering and urban design market as part of its strategy of international expansion,” Lewis said.
