Add-on Acquisition • Internet Software and Services

CBRE Acquires Floored

On January 3, 2017, CBRE acquired internet software and services company Floored

Acquisition Context
  • This is CBRE’s 1st transaction in the Internet Software and Services sector.
  • This is CBRE’s 18th transaction in the United States.
  • This is CBRE’s 3rd transaction in New York.

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M&A Deal Summary

Date January 3, 2017
Target Floored
Sector Internet Software and Services
Buyer(s) CBRE
Deal Type Add-on Acquisition

Target Company

Floored

New York, New York, United States
Floored, Inc. is a producer of SaaS (Software as a Service) solutions, including scalable, interactive 3D graphics technology, for the global commercial real estate industry.
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Buyer Overview 1

Buyer

CBRE

Dallas, Texas, United States

Category Company
Founded 1906
Sector Real Estate
Employees140,000
Revenue 35.8B USD (2024)
DESCRIPTION
CBRE Group's corporate headquarters in downtown Los Angeles, California.
CBRE Group's corporate headquarters in downtown Los Angeles, California.

CBRE is a commercial real estate services and investment firm. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. CBRE was incorporated in 1906 and is based in Dallas, Texas.


Deal Context for Buyer #
Overall 30 of 48
Sector: Internet Software and Services 1 of 2
Type: Add-on Acquisition 27 of 42
State: New York 3 of 4
Country: United States 18 of 30
Year: 2017 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-12 Skye Group

Cleveland, Ohio, United States

Skye Group is a provider of retail project management, shopping center development and tenant coordination services in the U.S. and Canada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-13 Capstone Financial Solutions

Clayton, Montana, United States

Capstone Financial Solutions LLC is a provider of commercial real estate financing for all property types. Its proprietary work-flow technology platform enables Capstone Financial to sharply reduce processing times for commercial loans.

Buy -