Jimmy Khing Shan's questions to Colliers International Group Inc (CIGI) leadership • Q2 2025
Question
Jimmy Khing Shan asked about the acquisition multiple paid for Round Shield, future capital allocation priorities between IM and engineering, and whether a large non-U.S. industrial leasing business could explain the segment's relative weakness.
Answer
CFO Christian Mayer disclosed the Round Shield multiple was in the "low teens area" and affirmed a balanced capital allocation strategy across all segments. CEO Jay Hennick added they are always open to acquisitions. Regarding leasing, Mayer confirmed that Colliers' significant exposure to international markets like Canada and Australia was a potential contributing factor to its performance relative to peers.