CBRE Group Acquires Direct Line Global
June 18, 2024
CBRE Group, Inc. has acquired Direct Line Global, a Fremont-based provider of mission-critical data center infrastructure services, from private equity owners including Guardian Capital Partners and Patriot Capital. The acquisition strengthens CBRE's data center capabilities by combining Direct Line's technical design, installation and maintenance services with CBRE's facilities management platform and is expected to be immediately accretive to CBRE's core EPS.
- Buyers
- CBRE Group, Inc.
- Targets
- Direct Line Global
- Sellers
- Guardian Capital Partners, Patriot Capital
- Industry
- IT Services
- Location
- California, United States
- Transaction Type
- Buyout
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