PE-backed Avison Young buys Britain's North Rae Sanders
Avison Young Inc has acquired North Rae Sanders, a British commercial property services provider, with a focus on the logistics-warehousing, manufacturing, office and mixed-use sectors. No financial terms were released. Avison, a commercial real estate services business, said the deal expands its footprint in the United Kingdom. Toronto-based Avison has been a portfolio investment of Canadian private equity firm Tricor Pacifc Capital since 2011. Late last year, Tricor rebranded its fifth fund, creating a new private equity firm, Parallel49 Equity.





