Colliers International Group's (CIGI.TO) U.S. division of its Engineering segment has entered into a definitive agreement to partner with Frankfurt-Short-Bruza Associates P.C. (FSB), the company said on Tuesday.
FSB will establish a national aviation practice for Colliers Engineering & Design and "significantly expand" capabilities in the federal, mission-critical and Native American sectors, said the company.
Under Colliers' "unique partnership model," FSB's senior leadership team will become "significant shareholders" in Colliers Engineering and play a "key role" in its leadership going forward, it added.
"This transaction provides Colliers Engineering with immediate access to the high-barrier-to-entry aviation market, where FSB's best-in-class qualifications and longstanding client relationships are critical to success," said the company. "FSB's focus on mission-critical markets also provides a significant opportunity for Colliers Engineering to capitalize on historic demand for data center projects."
Terms of the transaction were not disclosed. The transaction is expected to close in the second quarter of 2026, it added.
"FSB has built an exceptional reputation delivering complex aviation, federal, and mission critical projects," said Kevin L. Haney, PE, President and Chief Executive Officer, Colliers Engineering, U.S. "Their design led culture, deep engineering expertise, and established client relationships are a perfect fit for our organization. We are thrilled to welcome their talented team and expand our capabilities in these growing end markets."