CBRE has expanded its technical services offering after acquiring the Advanced Property Solutions (APS) Maintain business of BSA in Australia.
The deal will expand CBRE capabilities to self-deliver highly specialised technical services and projects across Australia, including HVAC, BMS, Fire, Electrical and Mechanical.
APS Maintain serves customers across Australia in Education, Retail, Healthcare, Stadiums, Defence and other sectors.
“Client demand for highly specialised technical expertise to enhance building maintenance and energy management has never been greater,” said Thomas Mineo (pictured), Managing Director, Pacific, Global Workplace Solutions (GWS) | Local at CBRE.
“APS Maintain will enable us to unlock significant savings and bring greater value to our existing customers and expand our reach into new sectors.”
Mark Dunn, Executive General Manager at APS Maintain, said the acquisition aligned with their respective values and commitments to continue world-class innovative technical services to their clients.
“We look forward to joining the CBRE family and leveraging their global scale and service offering, we know we have the right partner to grow our business and provide the best possible outcomes for our clients,” Dunn said.
Following the deal, APS Maintain will operate as part of CBRE’s GWS business in Australia.
This acquisition is expected to close in the coming months.
The deal comes after Colliers acquired Australian engineering company Peakurban in August to grow its engineering and design business and build local capability in Australia.
In June, CBRE acquired New Zealand’s largest independent property valuation and advisory firm, TelferYoung in a move that was expected to double its size in the country.
Cushman & Wakefield acquired Perth-based office leasing and property management agency Sheffield Property in April, marking its fifth acquisition in seven years.