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Savills PLC M&A Activity 2020

Mar 12, 2020

4850_rns_2020-03-12_249a2ccb-aaaf-40b5-a2a6-1c3ae4cb056b.html

M&A Activity

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National Storage Mechanism | Additional information

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RNS Number : 8476F

Savills PLC

12 March 2020

12 March 2020

Acquisition of Macro Consultants LLC

Further building the scale of Savills North American real estate consultancy services.

Savills plc, the international real estate advisor, announces the acquisition of Macro Consultants LLC, a leading project management firm in North America. The acquisition completed on 11 March 2020 and is part of the firm's strategy of expanding the complementary real estate consultancy services offered by Savills US and its other businesses around the world.

Macro was founded in 1993.  The business employs more than 90 staff located in offices across New York, Los Angeles, Washington D.C, Denver and Philadelphia.  The firm provides advice on budget, design and execution of a wide range of capital projects, including relocations, expansions and modernisations for clients ranging from not for profit organisations to Fortune 100 companies and will be integrated with Savills existing 50s-strong project management team.

For further information please contact:

Savills                                                                                       

Mark Ridley, Chief Executive Officer,                                       Tel: +44 20 7409 8030

Simon Shaw, Chief Financial Officer  

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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