Pearce Services Acquisition Expands CBRE's Capabilities to Serve Digital and Power Infrastructure
DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) today announced the acquisition of Pearce Services, LLC, a leading provider of advanced technical services for digital and power infrastructure, from New Mountain Capital. The initial purchase price is approximately 115 million, subject to Pearce meeting certain performance thresholds in 2027. Pearce is expected to be immediately accretive to CBRE's core earnings-per-share and will ope. ...