M&A Deal Summary

Avison Young Acquires Rich Real Estate Services

On January 23, 2017, Avison Young acquired real estate company Rich Real Estate Services

Acquisition Highlights
  • This is Avison Young’s 29th transaction in the Real Estate sector.
  • This is Avison Young’s 23rd transaction in the United States.
  • This is Avison Young’s 4th transaction in Georgia.

M&A Deal Summary

Date 2017-01-23
Target Rich Real Estate Services
Sector Real Estate
Buyer(s) Avison Young
Deal Type Add-on Acquisition

Target

Rich Real Estate Services

Duluth, Georgia, United States
Rich Real Estate Services, Inc. is specializes in third-party, landlord-representation advisory services while also providing brokerage and consulting services covering commercial and residential properties throughout the U.S.

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Buyer(S) 1

Buyer

Avison Young

Toronto, Ontario, Canada

Category Company
Founded 1978
Sector Real Estate
Employees5,000
DESCRIPTION

Avison Young is a full-service commercial real estate services company. Avison Young provides value-added, client-centric investment sales, leasing, advisory, management, financing, and mortgage placement services to owners and occupiers of office, retail, industrial and multi-residential properties. Avison Young was established in 1978 and is based in Toronto, Ontario.


DEAL STATS #
Overall 30 of 43
Sector (Real Estate) 29 of 39
Type (Add-on Acquisition) 30 of 43
State (Georgia) 4 of 4
Country (United States) 23 of 30
Year (2017) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-17 Hotel Assets Group

Stockbridge, Georgia, United States

Hotel Assets Group LLC is a hotel real estate brokerage company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-06 Cresa NJ-North/Central

Rutherford, New Jersey, United States

Cresa NJ-North/Central LLC is a real estate firm that specializes in corporate tenant representation. Cresa provides commercial real estate services to a wide variety of industries, including pharmaceutical, biotech, technology, telecommunications and financial services.

Buy -