● Cushman & Wakefield (NYSE:CWK) agrees to buy Quality Solutions Inc., a facilities management firm that specializes in on-demand facility maintenance and project management services.
●“Our ability to provide a deeper network of suppliers and coverage across all markets, combined with our efficient delivery model, will allow us to better serve large corporations with distributed real estate portfolios,” says Steven Quick, CEO of Cushman & Wakefield's Global Occupier Services.
● Terms undisclosed; deal is expected to close in Q1 2019.
● CWK -0.3% in after-hours trading.
● Previously: More on Cushman & Wakefield Q3: Adjusted EBITDA jumps 75%(Nov. 13)
● Source: Associated Press