Colliers Announces Expansion In Belgium With The Acquisition Of Belsquare
Dec 06, 2022•over 2 years ago
Acquiring Company
Colliers
Acquired Company
BelSquare
Real EstateProfessional ServicesOtherInternet Services
Description
Leading diversified professional services and investment management company, Colliers (NASDAQ and TSX: CIGI), announced today that it has acquired a majority interest in BelSquare SRL (“BelSquare”), the Belgium real estate advisor.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed