Cresa Seeks Rapid Growth with New M&A
This marks Cresa's seventh M&A deal in the past couple of years.
Cresa is continuing its merger and acquisition activity. This time, the CRE firm has purchased Pacific Program Management in its latest phase of broadening its offerings.
The deal for an unspecified price, aims to strengthen Cresa's project management team, which complements the company's workplace strategy and transaction management units. These groups work collectively from site selections to move-ins.
Cresa will add 180 professionals from PPM to its project management group, which will grow the unit to more than 280. They will operate in 35 markets in North America.