CBRE has announced the $1.2 billion acquisition of Pearce Services, a leading technical services provider specialising in data centres, digital networks and infrastructure operations. The real estate giant will also pay up to an additional $115 million if Pearce meets specific performance targets, strengthening CBRE’s foothold in the fast-growing critical power and infrastructure services market.

The acquisition adds 4,000 skilled professionals to CBRE’s workforce, bringing deep expertise in design, engineering, maintenance and performance optimisation for major North American clients. Pearce’s capabilities span critical asset types including hospitals, pharmaceutical facilities, cold storage sites and, most notably, data centres, ectors where uninterrupted power and reliability are essential.

Jamie Hodari, Chief Commercial Officer and CEO of CBRE’s building operations and experience division, emphasised the value of in-house expertise in maintaining continuous operations. Pearce’s work in installing and servicing uninterruptible power supply (UPS) systems and generators eliminates the need for CBRE to subcontract these critical services, enabling more control, efficiency and consistent client outcomes.

Pearce’s business mix includes critical power and cooling systems (34% of projected 2025 revenue), renewable energy generation and storage (30%), wireless and fibre networks (29%) and EV charging networks (7%). The company is expected to generate more than $660 million in revenue in 2025.

Hodari said the acquisition positions CBRE to deliver a deeper, more integrated service model at a time of accelerating demand for data centre and infrastructure resilience. He added that the deal enhances both client experience and CBRE’s operational economics.

Pearce will continue to operate under its current leadership, led by CEO Michelle Edler.

Find out how CBRE’s latest acquisition is redefining infrastructure services and powering the next phase of data-driven growth.