Jimmy Khing Shan's questions to Colliers International Group (CIGI) leadership • Q2 2025
Question
Jimmy Khing Shan from RBC Capital Markets asked for the acquisition multiple paid for Round Shield and future capital allocation priorities between Investment Management and Engineering. He also questioned if Colliers' large industrial leasing presence outside the U.S. could explain its relative performance weakness.
Answer
CFO Christian Mayer disclosed the Round Shield acquisition multiple was in the 'low teens' and affirmed that capital allocation will remain balanced across all three business segments. He also confirmed that the company's significant exposure to international markets like Canada and Australia was a potential contributing factor to the industrial leasing results. CEO Jay Hennick added that the company is always open to acquisitions where it sees opportunity.