The award-winning national urban planning and design advisory firm has sold a controlling interest to the leading diversified professional services company operating in 68 countries.
Colliers’ John Kelly, Chief Executive Officer | Asia Pacific, and Malcom Tyson, Chief Executive Officer | Australia, said in a partnership statement, Ethos Urban’s senior leadership team will remain significant shareholders in the business under Colliers’ unique partnership model.
“The transaction is subject to customary closing conditions and is expected to close in the first half of 2025. The business will be rebranded as Colliers in the second half of 2025. Terms of the transaction were not disclosed.”
Ethos Urban Chief Executive Officer Mark Stefanac said in a separate statement Colliers has the strategic goal of becoming a leading advisory firm with existing project management, strategic advisory, valuations and engineering and design teams in place.
“The addition of our team enhances their ability to offer end-to-end development and infrastructure-related project advisory services and strategically complements their adjacent service offerings.”
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