Colliers announced that its Canadian engineering platform, Englobe Corporation, has acquired Herold Engineering Limited, a leading engineering consulting firm in British Columbia. This investment builds on recent acquisitions in Western Canada, moving towards becoming a leading player in the region.
Herold, founded in 1994, has 75 professionals providing consulting services for diversified building, municipal, transportation, and marine projects throughout British Columbia, predominantly on Vancouver Island. This expansion provides Englobe with enhanced design and consulting capabilities.
Herold’s leadership team will continue to lead these operations and become shareholders of Englobe under Colliers’ unique partnership model. Terms of the transaction were not disclosed.
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