Our Melbourne Firm congratulates Montlaur Project Services on its successful sale to CBRE Group

September 16, 2019

Pitcher Partners Melbourne recently advised the shareholders of Montlaur Project Services Pty Ltd, a leading project management company in Australia, on its sale to CBRE Group Inc.

CBRE Group Inc. is a Fortune 500 and S&P 500 company headquartered in Los Angeles, and is the world’s largest commercial real estate services and investment firm (based on 2018 revenue).

Pitcher Partners provided specialist M&A advice throughout the entire sales process.

“We thoroughly enjoyed working with the owners of Montlaur on this transaction, and are excited to see the business develop further with the enhanced growth opportunities and cultivation of client relationships under CBRE,” said Warren Galgut, Client Director of our Melbourne firm.

Montlaur is active across a wide range of industry sectors including commercial, government, education, industrial, health and aged care, residential, retail and hospitality. Since its founding in 1988, Montlaur has delivered more than 2.5 million square metres of projects valued at more than AU$4.0 billion for clients such as Transurban, SEEK, Energy Australia and the Victorian Government.

Speaking on the transaction, Montlaur Director Leon Lachal said “We engaged Pitcher Partners to lead us through the sale process. What impressed us about Pitcher Partners was their commercial approach to dealing with complex negotiations. After 31 years in business, Montlaur had not been involved in an M&A transaction before and Pitcher Partners advised and guided us through the process. Their experience was important in obtaining a great outcome for the shareholders and the business.”

Pitcher Partners’ Corporate Finance team specialise in advising business owners on mid-market transactions. Do not hesitate to contact one of our professionals around Australia if you’d like to discuss your own situation.

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