Forever Avison Young: Tricor Pacific Invests Again
September 08, 2014
Tricor Pacific Capital has announced it made a second growth-capital investment in commercial real estate services firm Avison Young, following its $40 million backing of the company in October 2011. Since then, Avison Young has used the proceeds to build out its Canadian and U.S. platforms, including the hiring of real estate professionals and acquisitions; it has added 34 offices and 800 employees, as well as opened offices in the U.K. The new infusion of capital is earmarked for continued expansion of Young's global footprint and service lines.