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Colliers Expands into Engineering Services with Maser Deal

Colliers International has entered into an agreement to acquire a controlling interest in engineering design and consulting firm Maser Consulting P.A., headquartered in Red Bank, NJ. Deal terms were not disclosed.

Maser’s senior leadership will remain significant shareholders of the business, which will be rebranded as Colliers Engineering Services by the first quarter of 2021. Maser employs more than 1,000, operating from 34 offices across 12 states.

“The transaction establishes us as a major player in the engineering design and consulting sector in the U.S., providing us with another important engine for growth,” said Colliers global chairman and CEO Jay Hennick. “We see tremendous potential in this segment of the market.”

In connection with this transaction, AEC Advisors acted as financial advisor and Sidley Austin acted as legal advisor to Colliers.

Pictured: Maser headquarters in Red Bank, NJ.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).