Colliers acquires California-based transit engineering and program management firm

Colliers, a prominent provider of professional services and investment management, has announced the acquisition of Ramos Consulting Services, Inc. (Ramos CS), a California-based firm specializing in program and construction management for public transit projects. This strategic acquisition, effective as of February 4, 2026, enhances Colliers Engineering's capabilities in a highly active market segment, further solidifying its footprint in infrastructure management across the United States.

Founded in 2008, Ramos CS has established a robust reputation among California's public transportation agencies, having supported over $20 billion in capital programs related to transit and public works through a dedicated team of 50 professionals. The transaction allows Ramos CS's senior leadership to remain at the helm of operations while becoming significant shareholders in Colliers Engineering, reinforcing the firm’s collaborative culture and commitment to fostering leadership within its ranks.

Kevin L. Haney, President and CEO of Colliers Engineering & Design in the U.S., highlighted the depth of Ramos's project experience and strong industry relationships as key assets that will bolster Colliers’ infrastructure capabilities. Armando Ramos, President and CEO of Ramos CS, expressed enthusiasm about the integration, noting the alignment of values and commitment to service excellence between the two organizations.

Colliers has demonstrated a solid track record of delivering considerable returns to its shareholders, underpinned by a diversified business model across real estate services, engineering, and investment management. With annual revenues surpassing $5.5 billion and a workforce of 24,000 professionals, Colliers is poised to leverage this acquisition to tackle larger, more complex projects, expanding its offerings and enhancing client solutions in a rapidly evolving market landscape.

As of February 2026, Colliers' acquisition of Ramos Consulting Services, Inc. marks a significant strategic move that could strengthen its foothold in the booming public transit sector in California. This move is particularly timely as governmental investments in infrastructure are expected to ramp up in the coming years, driven by rising urbanization and government funding aimed at revamping aging transit systems.

By acquiring Ramos CS, which has a proven track record supporting over $20 billion in capital programs, Colliers Engineering significantly enhances its capabilities in program and construction management. The integration of Ramos' team—renowned for its strong relationships with public transportation agencies—will likely lead to an increase in contract opportunities for Colliers. Such synergies could bolster the revenue growth of Colliers Engineering, especially in a state that is constantly seeking to innovate and expand its transit solutions.

Investors should consider this acquisition a bullish signal. Colliers' history of delivering approximately 20% compound annual returns indicates that the firm is well-versed in leveraging its acquisitions to create shareholder value. Additionally, the retained senior leadership from Ramos CS as significant stakeholders aligns incentives beneficially—ensuring continuity in operations and execution while fostering a shared vision for growth.

However, potential challenges remain. The integration process can often lead to culture clashes and operational inefficiencies if not managed effectively. Furthermore, external factors such as regulatory hurdles and changes in funding priorities could impact project timelines and viability.

In summary, Colliers' acquisition of Ramos CS is a strategic move aimed at enhancing its market position in an expanding sector. With the right execution, this transaction should set the stage for sustained growth, making Colliers an attractive option for investors looking for exposure to infrastructure development and public transit markets in the U.S.