Add-on Acquisition • Business Services

CBRE Acquires Noveen Consulting

On September 5, 2018, CBRE acquired business services company Noveen Consulting

Acquisition Context
  • This is CBRE’s 12th transaction in the Business Services sector.
  • This is CBRE’s 24th transaction in the United States.
  • This is CBRE’s 1st transaction in Kentucky.

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M&A Deal Summary

Date September 5, 2018
Target Noveen Consulting
Sector Business Services
Buyer(s) CBRE
Deal Type Add-on Acquisition

Target Company

Noveen Consulting

Louisville, Kentucky, United States
Noveen Consulting is a consulting firm focused on helping healthcare facility owners improve the economics of owning and operating healthcare facilities. Noveen Consulting is based in Louisville, Kentucky.
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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 39 of 48
Sector: Business Services 12 of 16
Type: Add-on Acquisition 35 of 42
State: Kentucky 1 of 1
Country: United States 24 of 30
Year: 2018 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-12 FacilitySource

Columbus, Ohio, United States

FacilitySource, Inc. is a provider of outsourced facility maintenance workflow solutions (combination of software and dispatch) for national multi-location enterprises. FacilitySource, Inc. was founded in 2001 and is based in Columbus, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-04 Romonet

London, United Kingdom

Romonet Ltd. is an analytic software company which provides technology and consulting services for large global data center operators. Romonet was founded in 2006 and is based in London, United Kingdom.

Buy -