CBRE acquires US based technology firm Mainstream

03 May 2017 Consultancy.uk

CBRE has acquired Ohio-based facilities management operations technology firm Mainstream. The acquisition adds the firm's proprietary mobile and SaaS technology to its portfolio of offerings. The value of the deal has not been disclosed.

Mainstream is an Ohio-based facilities management operations focused technology company, which leverages mobile and software-as-a-service (SaaS) solutions. The company, which was founded in 1989, supports around 90,000 users with its proprietary technology, across 50 countries. The solutions include, among others, tenant work requests, reactive and preventive maintenance scheduling, and analytics.

CBRE’s acquisition of Mainstream makes the technology firm a permanent resource in the firm’s suite of technology offerings, which include the recently acquired Floored. Mainstream was already collating a significant portion of CBRE’s work order volume, prior to the acquisition. With the expertise of Mainstream onboard, CBRE believes it can offer enhanced services and operational savings to its clients in the area of facilities management.

CBRE acquires Mainstream

“Owning a suite of key enablement technologies is an integral part of CBRE’s strategy,” says Chandra Dhandapani, CBRE’s Chief Digital & Technology Officer. “Mainstream fits perfectly with this strategy and our combined product vision will further enable our professionals to operate more efficiently and provide superior experiences and outcomes for our clients.”

The founder of Mainstream, Peter Wallace, reflects on the acquisition, “My team and I have enjoyed working with CBRE over the years and are excited to join this premier business. We look forward to continuing on our past success to offering a technology tool that allows account teams to meet client needs and enhances their abilities to deliver effective solutions.”

Profile

More news on

×

SQW Group purchases property-based regeneration consultancy

19 April 2019 Consultancy.uk

UK consulting firm SQW Group has completed its first acquisition since it completed a management buyout in January 2019. BBP Regeneration joins the company having collaborated with SQW for more than 20 years.

Established in 1983, SQW Group now operates all over the world. Comprising SQW, Oxford Innovation, Oxford Innovation Services – one of the UK’s leading innovation centre operators – and Oxford Investment Opportunities Network, the organisation’s origins can be traced to Britain’s two ancient university cities: Oxford, through Oxford Trust founders, Martin and Audrey Wood, and Cambridge, through SQW’s work in producing The Cambridge Phenomenon.

The consultancy specialises in public policy, working with entities from the public, private and voluntary sectors to research, develop, implement and evaluate social and economic development interventions. It now employs over 250 people across regional offices in London, Oxford and Edinburgh, and provides business support to over 4,000 entrepreneurs and small businesses each year. At the start of 2019, SQW secured its independence in a management buyout, advised on by M&A experts from Liberty Corporate Finance and Penningtons Manches.

SQW Group purchases property-based regeneration consultancy

SQW has strengthened its position as a provider of services across the business spectrum with the acquisition of BBP Regeneration. Founded in 1994, the consulting firm specialises in land and property-based regeneration and growth schemes, and is a leading social and economic development consultancy. 

The two firms first worked together over 20 years ago, when SQW and BBP collaborated to develop the first Regional Economic Strategy for the South East. More recently, they developed an economic strategy for Thanet and are now working together in locations stretching from Cwmbran via Oxfordshire to London.

With the addition of BBP, SQW can now provide an integrated advisory service for organisations developing property schemes which deliver economic benefit to their local area. By joining SQW, meanwhile, BBP hopes to further enhance its ability to support clients in delivering property and place-making ambitions. 

Speaking about the deal, SQW CEO David Crichton-Miller commented, “The UK more than ever needs solutions to the challenges of places – of high streets under threat, of meeting housing delivery targets, and of both economically over-successful and economically challenged towns and cities – and the combination of SQW and BBP is uniquely suited to developing those solutions. [This deal] brings together critical and complementary services relating to places to serve our clients with leading edge and practical advice.”

Andy Smith, Director of BBP Regeneration, added, “SQW shares with BBP the same values of seeking to provide outstanding, practical, real world advice that helps get buildings built and places developed.  We greatly look forward to the opportunities that come from joining our two organisations together.”