Tricor-backed Avison Young to buy Colliers International South Florida
Avison Young Inc has agreed to acquire commercial real estate brokerage and property management company Abood Wood-Fay Real Estate Group LLC, which does business as Colliers International South Florida. The transaction's financial details were not published. Avison said the deal, which is expected to close this year, will expand its business-line coverage in Florida. Based in Toronto, Avison is a commercial real estate services provider and a portfolio company of Canadian private equity firm Tricor Pacific Capital. In September, Tricor made a second investment in Avison, adding to the original $40 million it invested in 2011.
10 November 2014•8 mins read
