Tricor's Avison Young creates European presence with latest acquisition

Avison Young Inc has purchased London-based commercial real estate services firm Haywards LLP. The transaction, the financial value of which was not released, provides Avison Young with its first European offices in London and Thames Valley. The Toronto-based real estate company has over the past five years grown from 11 to 56 offices in 45 markets, and from 300 to more than 1,500 professionals located across Canada, the United States and Europe. It has been a portfolio investment of Canadian mid-market private equity firm Tricor Pacific Capital since October 2011.

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