M&A Deal Summary

CBRE Acquires Convergences-CVL

On July 13, 2017, CBRE acquired real estate company Convergences-CVL

Acquisition Highlights
  • This is CBRE’s 16th transaction in the Real Estate sector.
  • This is CBRE’s 1st transaction in France.

M&A Deal Summary

Date 2017-07-13
Target Convergences-CVL
Sector Real Estate
Buyer(s) CBRE
Deal Type Add-on Acquisition

Target

Convergences-CVL

Paris, France
Convergences-CVL is a provider of retail property services from strategic planning to transaction execution and property management for a broad range of clients in France including developers, retailers and public sector entities. Convergences-CVL was founded in 2010 and is based in Paris, France.

Search 215,130 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 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 STATS #
Overall 34 of 48
Sector: Real Estate M&A 16 of 19
Type: Add-on Acquisition M&A Deals 31 of 42
Country: France M&A 1 of 1
Year: 2017 M&A 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-01 Aurora Projects Pty

Sydney, Australia

Aurora Projects Pty Ltd. is a major project advisory and management company in Australia. Aurora has a significant healthcare focus and has undertaken major advisory and project management work for clients in this sector in all Australian states. The firm has also developed strong capabilities in the higher education sector.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-05 Heery Design

Atlanta, Georgia, United States

Heery Design is a provider of project management, design and commissioning services across the U.S., with a wide range of corporate, government, healthcare, sports, aviation and education clients. Heery Design was founded in 1952 and is based in Atlanta, Georgia.

Buy $57M