Guardian Capital Partners Exits Portfolio Company, Direct Line Global, to CBRE Group, Inc. – Notice Global Internet

WAYNE, PA., June 19, 2024–(BUSINESS WIRE)–Guardian Capital Partners (“Guardian”) is entertained to foretell the understanding of its portfolio company, Direct Line Global (“Direct Line” or the “Company”) to CBRE Group, Inc. (NYSE:CBRE) (“CBRE”), the world’s maximal advertizement actual realty services and assets firm. Terms of the dealings are not disclosed.

Direct Line, supported in Fremont, CA, is a directive profession stock services bourgeois sanctioning mission-critical accumulation centers for the world’s maximal profession leaders. Direct Line has over 1,000 complete technicians to have accumulation edifice services crossways the US and aggregation Pacific markets. The Company successfully deploys next-generation stock technologies, including staged info platforms, crossways the accumulation edifice lifecycle – organisation and planning, artefact and post-build maintenance, and profession upgrades and retrofits. For more information, foregather https://dl-global.com/.

Bill Nelligan, CEO of Direct Line, said, “The Company has achieved momentous and heterogeneous ontogeny in a rigorous accumulation edifice market. Guardian’s partnership was device in raising our phylogenesis of the playing and we countenance nervy to continuing this ontogeny low CBRE’s ownership.”

Scott Evans, Founding Partner at Guardian, stated, “During Guardian’s ownership, the Company endowed to bit its platform, including dealings and delivery, accumulation edifice services offerings, TRUE mart expansion, and partnership with blue-chip customers. The Company is substantially positioned to foregather the crescendo obligation for accumulation edifice services. I am chesty of the surpassing action of the direction aggroup and countenance nervy to sight the Company’s forthcoming success low the curb of CBRE.”

The accumulation concern solon choreographer & historiographer LLP wise Guardian and the Company, and attorney International LLC acted as Direct Line’s inner playing advisor. designer & general LLP provided jural advice for CBRE. For more aggregation most the transaction, occurrence histrion archaeologist at Guardian Capital Partners at sevans@guardiancp.com.

About Guardian Capital Partners

Guardian Capital Partners (“Guardian”) is an operationally convergent clannish justness concern supported in suburban Philadelphia. Guardian makes curb investments in modify region mart consumer, status manufacturing, and specialty playing services companies. Guardian partners with direction teams to wage justness top to render the ontogeny of privately held businesses. Guardian believes the clannish justness undergo and unessential power sets of the Guardian aggroup wage a unequalled compounding of operative and direction capabilities resulting in quality of enforcement and meaning long-term continuance creation for its portfolio companies. For more aggregation most Guardian Capital Partners, foregather www.guardiancp.com.

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About CBRE

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 consort headquartered in Dallas, is the world’s maximal advertizement actual realty services and assets concern (based on 2023 revenue). The consort has more than 130,000 employees (including historiographer & reformist employees) bringing clients in more than 100 countries. CBRE serves a different arrange of clients with an desegrated flat of services, including facilities, dealings and send management; concept management; assets management; categorization and valuation; concept leasing; strategic consulting; concept sales; mortgage services and utilization services. For more information, gratify foregather www.cbre.com.

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Contacts

Guardian Capital Partners
Scott Evans, 610-263-0107 or sevans@guardiancp.com