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CBRE inks deal with infrastructure group Balfour Beatty

06 November 17 - RE+D Magazine
CBRE inks deal with infrastructure group Balfour Beatty

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Antulio Richetta

Director IBI Group
CBRE Group, Inc. announced it has completed its previously-announced acquisition of Heery International, Inc., the project management and design engineering business of the international infrastructure group, Balfour Beatty LLC.

 

Heery, based in Atlanta, is a leader in providing project management, design and commissioning services across the U.S., with a wide range of corporate, government, healthcare, sports, aviation and education clients.

“This acquisition advances our strategy to grow our project management expertise and capabilities. 

Heery has a strong track record of client service with many longstanding relationships spanning decades,“ said Mike Lafitte, CBRE’s Global Group President, Lines of Business.

“Their deep project management expertise and strong leadership team are a great complement to CBRE’s existing capabilities in both our local market and account-based project management services.” Heery will continue to be led by senior executives Ted Sak and Glenn Jardine. 

Heery’s professionals will collaborate closely with CBRE’s project management teams who deliver services in local markets across the U.S. as well as its professionals who execute account-based project management programs through its occupier outsourcing business line, Global Workplace Solutions.

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