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A good match? How T&T and CBRE compare

Following the announcement that T&T is selling a 60% stake to US giant CBRE, we measure up the two firms to see how good a fit they are

Windfalls for T&T partners set to be paid in two tranches to prevent exodus of key staff

Windfalls for T&T partners set to be paid in two tranches to prevent exodus of key staff
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Life after Davis Langdon

and a spate of start-ups This piece about the spin-off firms in the wake of the Aecom takeover of DL is republished as it appeared in 2013 with the subheading Building profiles the many new start-ups launched by former Davis Langdon partners When Building broke the news this month that six former partners of Davis Langdon were setting up a consultant of their own - to be called Alinea - regular readers may have had a feeling of deja vu. Hadn’t we been here before? Yes, indeed, at least 15 times in two-and-a-half years. The reasons for such a proliferation of Davis Langdon (DL) staff exiting to go it alone are many and varied – and well-rehearsed. See our January feature on the ‘Culture Shock’ at DL following its 2010 takeover by Aecom for a detailed analysis.

Former Davis Langdon boss says T&T deal will trigger wave of new firms

He said: “I would imagine both those firms [Core 5 and Alinea] are already seeking to reinforce their ranks and it couldn’t have come at a better time for them as the economy starts to pick up. “The challenge now [for] CBRE will be holding on to their best talent and demonstrating that they really understand the business they have acquired.” Last week T&T chairman and chief executive Vince Clancy said the firm had rebuffed a number of offers from rivals over the years, including private equity, and also pulled a float more than a decade ago because of the financial crash in 2007/08.

Is Gleeds the next acquisition target? We d prefer to stay independent | Comment

By Richard Steer2021-07-29T05:00:00+01:00 Richard Steer believes T&T and CBRE make a good match, but a merger is not on the horizon for his business  The announcement that CBRE has purchased a major stake in Turner & Townsend was a bit like the news of Tom Daley’s gold medal for diving in the Olympic pool. It has been a long time coming but was a pleasant surprise for many when it eventually did. Especially for the T&T partners who, I would imagine, could be pocketing a large windfall. Often consultants are regarded as the bridesmaids, never the bride, within the context of large and prestigious projects. The architects are the rock stars and the contractors are perceived as the heavy lifters. But what I argue is the vital role of project managers and cost managers - who bring the scheme in on time and to budget - somehow seems to get lost in the recognition stakes.

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