- CBRE is acquiring Pearce Services from New Mountain Capital for $1.2B in cash, with an additional $115M earn-out tied to performance in 2027.
- Pearce Services provides infrastructure support—including engineering, maintenance, and repair—for data centers, telecom, and energy storage networks.
- The acquisition supports CBRE’s push into digital infrastructure, with the firm anticipating Pearce will generate $660M in revenue by 2026 and boost core earnings per share.
A Strategic Shift Into Infrastructure
CBRE Group Inc. is moving aggressively into the digital infrastructure space, reports Bloomberg. The company is doing so through its $1.2B acquisition of Pearce Services. The move reflects CBRE’s broader strategy to align itself with surging demand in high-growth markets like data centers, telecom, and renewable energy.
The deal includes a conditional earn-out of up to $115M, dependent on Pearce hitting performance targets in 2027.
What Pearce Brings To The Table
Founded in 1998 and based in Paso Robles, California, Pearce Services specializes in end-to-end support for mission-critical infrastructure. With a workforce of more than 4K across North America and India, the firm supports critical infrastructure operations. It serves cell towers, energy storage systems, and data centers—sectors rapidly expanding in the digital economy.
Pearce is projected to generate over $660M in revenue by 2026.
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Why It Matters
CBRE’s Pearce acquisition expands its reach beyond real estate, aligning with CRE’s shift toward data and power infrastructure. CEO Bob Sulentic noted the deal opens “sizable new growth avenues,” especially in markets where demand for infrastructure services is outpacing supply.
What’s Next
This acquisition builds on CBRE’s recent efforts to grow its presence in the digital infrastructure space, which has become increasingly critical to commercial real estate strategies. As more companies require resilient, scalable infrastructure for AI, cloud computing, and renewable energy, demand is rapidly growing. Firms like CBRE are positioning themselves to meet this need. They aim to serve both traditional real estate clients and next-generation technology users.
Expect further M&A activity in this sector as real estate and digital infrastructure continue to converge.
