Colliers Acquires BESTECH, Enhancing Engineering Capabilities
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 19 2026
0mins
Should l Buy CIGI?
Source: Newsfilter
- Strategic Acquisition: Colliers' Englobe has acquired BESTECH, a leading multidisciplinary engineering consulting firm in Ontario, aiming to expand its capabilities in the Canadian resources sector and enhance market competitiveness.
- Leadership Integration: BESTECH's senior team will continue to play a key leadership role within Englobe and become shareholders, fostering long-term development through this unique partnership model.
- Enhanced Industry Expertise: Founded in 1995, BESTECH boasts over 100 professionals providing services in mining, automation, electrical, and power systems, thereby strengthening Englobe's expertise in the rapidly growing mining market.
- Increased Client Value: Colliers' investment will leverage Englobe's infrastructure and capabilities to deliver unparalleled outcomes for clients and improve employee experiences, further driving business expansion in Ontario.
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Analyst Views on CIGI
Wall Street analysts forecast CIGI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CIGI is 177.30 USD with a low forecast of 136.77 USD and a high forecast of 195.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 134.140
Low
136.77
Averages
177.30
High
195.00
Current: 134.140
Low
136.77
Averages
177.30
High
195.00
About CIGI
Colliers International Group Inc. is a global diversified professional services and investment management company. The Company's platforms include commercial real estate services, engineering consultancy and investment management. Its service lines are outsourcing, engineering, investment management, leasing and capital markets. Its services for landlords and investors include landlord representation, project management, capital market, valuation and advisory, real estate management, engineering and design services, and others. Its services for occupiers and tenants include occupier services, tenant representation, project management, technology services and others. It offers services to various properties-including hospitality, industrial, land, multifamily, office, retail, healthcare and special purpose. Harrison Street Asset Management (Harrison Street) offers solutions across a variety of closed-end, open-end and specialized vehicles.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Acquisition Announcement: Colliers' engineering division has acquired Ramos Consulting Services, a California-based firm specializing in program management, construction management, and engineering services for major public transit projects, thereby enhancing its capabilities in one of the most active transit markets in the U.S.
- Market Expansion: This acquisition allows Colliers to strengthen its service offerings in the highly active U.S. transit market, which is expected to lead to increased project opportunities and market share for the company.
- Undisclosed Financial Terms: The specific financial terms of the transaction have not been disclosed, but Colliers' strategic intent is clear, aiming to enhance its overall engineering service capabilities through this acquisition.
- Industry Context: With the rise in public transit projects, Colliers is solidifying its market position in the engineering services sector through this acquisition, demonstrating confidence in future growth prospects.
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- Acquisition Agreement: Colliers has entered into a definitive agreement to acquire Ayesa Engineering, the engineering division of Ayesa Inversiones S.L.U., for approximately $700 million in cash, with closing expected in the second quarter of 2026, thereby strengthening Colliers' position in the global engineering sector.
- Brand Continuity: Ayesa Engineering will continue to operate under its current brand post-acquisition, which not only helps maintain customer trust but also secures its market position across Europe, Latin America, the Middle East, and South Asia.
- Global Business Expansion: This acquisition expands Colliers' engineering segment's operational footprint globally, enhancing its capabilities in Australia and solidifying its status as a formidable player in the global engineering landscape.
- Leadership Team Equity Retention: Under Colliers' unique partnership model, Ayesa's existing leadership team will retain significant equity and continue to operate the business, which will help ensure continuity and stability in operations.
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- Acquisition Overview: Colliers has announced a definitive agreement to acquire Ayesa Engineering for approximately $700 million in cash, with closing expected in Q2 2026, which will further solidify Colliers' position in the global engineering sector and enhance its market share and client service capabilities.
- Business Expansion and Impact: This acquisition will enable Colliers' engineering segment to operate in 23 countries with nearly 14,000 professionals, enhancing its service capabilities across multiple markets including property, infrastructure, and environmental sectors, thereby driving strategic growth in high-growth areas.
- Leadership Team Retention: Ayesa's existing leadership team will retain significant equity and continue to operate the business, which not only helps maintain the company's culture and service quality but also fosters long-term collaboration and innovation between the two firms.
- Market Outlook and Growth Potential: Colliers' Chief Investment Officer noted that Ayesa's expertise in large-scale, complex projects complements Colliers' operations, with expectations to leverage opportunities in the U.S., Canada, and Australia, driving future growth and value creation.
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- Strategic Acquisition: Colliers' Englobe has acquired BESTECH, a leading engineering consulting firm in Ontario, aiming to enhance its capabilities in the Canadian resources sector and strengthen its market presence in Ontario.
- Leadership Transition: The senior team from BESTECH will continue to play a key leadership role within Englobe and become shareholders, fostering long-term development and collaboration under a unique partnership model.
- Market Impact: With over 100 professionals, BESTECH provides services in mining, automation, electrical, and power systems, and this acquisition will enhance Englobe's expertise and competitive edge in the rapidly growing mining market.
- Enhanced Client Value: By integrating Englobe's infrastructure with BESTECH's innovative solutions, both companies will jointly deliver exceptional outcomes and employee experiences for clients, driving sustainable business growth.
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- Strategic Acquisition: Colliers' Englobe has acquired BESTECH, a leading multidisciplinary engineering consulting firm in Ontario, aiming to expand its capabilities in the Canadian resources sector and enhance market competitiveness.
- Leadership Integration: BESTECH's senior team will continue to play a key leadership role within Englobe and become shareholders, fostering long-term development through this unique partnership model.
- Enhanced Industry Expertise: Founded in 1995, BESTECH boasts over 100 professionals providing services in mining, automation, electrical, and power systems, thereby strengthening Englobe's expertise in the rapidly growing mining market.
- Increased Client Value: Colliers' investment will leverage Englobe's infrastructure and capabilities to deliver unparalleled outcomes for clients and improve employee experiences, further driving business expansion in Ontario.
See More

- Earnings Release Schedule: Colliers International Group will issue its Q4 and full year 2025 results on February 13, 2026, at 7:00 AM ET, highlighting the company's performance in global professional services and investment management.
- Conference Call Details: Following the earnings release, a conference call will be held at 11:00 AM ET on the same day, hosted by Chairman & CEO Jay S. Hennick and CFO Christian Mayer, providing in-depth analysis and insights.
- Dial-in Information: The local dial-in number for the conference call is Toronto 1-289-819-1520, and the toll-free number for North America is 1-800-549-8228, with conference ID 20178, ensuring easy access for investors.
- Webcast Replay: For those unable to listen live, a replay of the webcast will be available in the “Events” section of Colliers' website, ensuring broad dissemination and transparency of information.
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