AcquisitionOct 20, 2026Pending
🇬🇧 United Kingdom
OLOnnec Group LimitedCCBRE Group, Inc.
Technology › IT Services
Equity value$610MEquity value · As stated in filing
AnnouncedOct 20, 2026
ConsiderationCash
StructureNot stated
RegionEurope
Cross-borderYes
Contingent paymentYes
Overview
CBRE Group, Inc. agreed to acquire Onnec Group Limited for an initial purchase price of £460 million in cash, plus a multi-year earnout of up to £300 million subject to Onnec meeting certain growth thresholds.
Deal rationale
CBRE is pursuing an explicit strategy to build a global infrastructure services business to complement its real estate services business, and believes Onnec is an excellent fit.
AI-generated from the SEC filingPendingTechnology › IT ServicesUnited KingdomEurope
Timeline
Valuation and terms
| Equity value | $610M | Headline figure |
|---|---|---|
| Enterprise value | Undisclosed | |
| Original currency | Equity £460M | As stated in filing |
| Consideration | Cash |
Advisors
Buy-side
JPJ.P. Morgan
Sell-side
GSGoldman Sachs
Parties
Target
OLOnnec Group Limited
- Headquarters
- United Kingdom
- Ticker
- —
Acquirer
CCBRE Group, Inc.
- Headquarters
- United States
- Ticker
- —