PARIS—Colliers International has acquired a controlling interest in AOS Group, one of Europe's leading real estate and workplace consulting firms. Headquartered in Paris, AOS will immediately be rebranded as Colliers International throughout France, Belgium, Spain, Morocco, UK, Netherlands, and Switzerland.

Gilles Betthaeuser, founder and CEO of AOS Group, will retain the balance of the equity and will continue to lead operations. The acquisition provides Colliers with a significant new base of operations in France and Belgium and augments existing operations in the other markets noted above, by providing Colliers clients with enhanced service offerings in tenant representation, project management and workplace consulting. AOS currently generates approximately $100 million in annual revenues. Terms of the transactions were not disclosed.
"Having significant operations in France, one of the world's leading commercial property markets, has been a key priority for us, and withthe added benefit of being able to augment our existing operations in other markets with complementary and differentiated services, the addition of AOS takes us to the next level as we continue to grow anddevelop our business in Europe," said Chris McLernon, CEO of EMEA for Colliers International. "Furthermore, with the strength of our globalplatform and the Colliers brand, we fully expect to accelerate ourclients' success through the future growth and diversification of our existing operations."

Founded in 1997, AOS employs more than 450 professionals including highly-experienced commercial and institutional real estate consultants, engineers, architects and designers, project managers, and
financial analysts who specialize in creating enterprise value for clients by optimizing their real estate requirements through alignment with their business strategy.
"The cultural and strategic fit with Colliers International wasapparent from the start," said Gilles Betthaeuser, CEO of AOS Group."Colliers has an enterprising culture similar to ours; its relentless
focus on service excellence is hard to replicate; and its global platform provides our clients with all the execution capabilities we could hope for," he added. "Our entire team is excited about this new development in the history of our company and we look forward toaccelerating our growth in the years to come as Colliers International," he concluded.
FirstService Corporation, the parent of Colliers International, is a global leader in the rapidly growing real estate services sector. As one of the largest property managers in the world, FirstService manages more than 2.5 billion square feet of residential and commercial properties through three
platforms. Colliers International is a leading global commercial real estate services company in the world, with over 15,800 professionals operating out of more than 485 offices in 63 countries.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.