This article is from the Australian Property Journal archive
COLLIERS Engineering & Design Australia has acquired a leading transportation engineering consultancy, TTM Group Pty Limited.
Headquartered in Brisbane, TTM was founded in 1982 and operates across four Australian offices, providing transportation and traffic engineering and design, specialty acoustics, data collection, and waste management design and consulting to private and public sector clients.
“The acquisition of TTM represents the third follow-on investment since Colliers entered Australia’s engineering consultancy market in 2022, highlighting the attractiveness of our unique partnership philosophy, enterprising culture, and long-term growth ambitions,” said John Kenny, CEO at Colliers Asia Pacific.
“Our approach continues to differentiate Colliers and attract best-in-class businesses to our platform, and we are delighted to welcome the talented professionals from TTM.”
TTM will rebrand as “Colliers Engineering & Design” and fully integrate into Colliers Engineering platform, with the acquisition to boost the scale of Colliers Engineering and add new traffic and transportation capabilities across Queensland, New South Wales, and Victoria
“TTM will help expand our transportation capabilities, qualifications, and relationships across Australia, allowing us to provide an enhanced suite of essential and valuable development and infrastructure-related services to clients,” said Brent Thomas, managing director of Colliers Engineering & Design Australia.
“The TTM team has a long history of working on important public infrastructure and private developments. We are excited to be partnering with them.”
The acquisition will see TTM’s senior leadership team become shareholders in the Colliers Engineering platform.
“Joining an entrepreneurial company with a national and global platform like Colliers Engineering was a natural next step for TTM,” said Brian Camilleri, principal director at TTM, who is set to become national director – transportation at Colliers Engineering.
“We were attracted to Colliers’ strong brand and entrepreneurial culture, which will enable our professionals to capitalize on the tremendous opportunity to work on major development and transportation infrastructure projects in the country.”
Just last month, Colliers Engineering acquired major Western Australian multi-discipline engineering consulting company Pritchard Francis.
Having acquired the NSW-based multi-discipline engineering, design, survey and advisory firm Craig & Rhodes last May.
The terms of the transaction have not been disclosed.