Englobe Completes Crozier Acquisition, Adding About 200 Professionals in Ontario
Key Facts
Englobe announced on November 2, 2026, that it had completed its acquisition of C.F. Crozier & Associates, an Ontario engineering consultancy focused on land development, transportation and related infrastructure, according to an Englobe statement published via Newswire.ca. The deal adds about 200 Crozier employees to Englobe’s Canadian platform, across five offices in Toronto, Collingwood, Burlington, Bradford and Guelph. Englobe said the acquisition strengthens its capabilities in civil engineering, land development and transportation in Ontario, and adds Crozier’s expertise in infrastructure related to those fields. The statement did not disclose the deal’s value or an expected financial impact. It also did not announce any change in how clients work with Crozier’s teams and consultants.
Englobe says Crozier has contributed to more than 10,000 development projects across Ontario since 2004, placing the deal in the context of a local project base built over more than two decades. Crozier began operations in January 2004 as a small engineering firm founded by Chris Crozier and Kevin Morris in Collingwood, designing land subdivisions for local developers. The company describes its business as multidisciplinary engineering services for private-sector land development. Its services include civil engineering, water resources, transportation and building engineering, as well as hydrogeology, environmental consulting, landscape architecture, utilities infrastructure and building sciences. The deal thus brings together Englobe’s presence in Ontario and Crozier’s services tied to development and infrastructure projects.
Published figures show Crozier’s previous growth, though the periods they describe should be distinguished. In January 2024, the company said its team had grown to more than 300 employees across five offices, while Englobe’s announcement upon completion said about 200 Crozier employees were joining its platform. The first figure describes Crozier’s team size in January 2024, while the second refers to employees joining upon completion of the acquisition. The statement did not explain the difference between the figures or whether they measure the same employee scope. Englobe President Mike Cormier pointed to what the company expects from combining the platforms, saying: "Together, we expand the expertise and capacity we can bring to clients." He added that the deal creates new opportunities to support projects in Ontario and across Canada.
Englobe said Crozier clients will continue working with their usual teams and consultants following the acquisition. At the same time, Englobe’s national platform, according to the company, provides a broader range of engineering and environmental expertise. The arrangement pairs continuity in existing relationships with an expanded range of services available to clients. The statement gave no details of other operational or structural changes at Crozier. It also did not specify a timeline for integrating the company’s services into Englobe’s platform. Assurances about continuity and additional expertise come from Englobe’s acquisition announcement.
The deal comes as part of Colliers’ broader activity in commercial real estate, engineering and investment management, the three main businesses through which the company says it operates. According to Colliers’ description published with its October 2026 earnings-date announcement, it has annual revenue of $6 billion, 28,000 professionals and $110 billion in assets under management. Those figures describe the group as a whole and do not specify the engineering segment’s share or Crozier’s contribution to revenue and assets. The acquisition announcement did not disclose figures for the value of the business Englobe bought or its expected impact on Colliers’ results. Colliers is scheduled to report third-quarter results for the period ended September 30 on November 4, 2026, and will hold a review call at 11 a.m. Eastern Time that day.
In the market, shares of Colliers, listed under the ticker CIGI, closed at $96.65 on October 30, 2026, according to EL7 data; this was the last cited close before the November 2 announcement that the deal had been completed. The stock closed at $92.65 on October 26, then at $96.65 on October 30. The trading data provided are limited to closing prices on those two dates and do not include opening prices or session highs and lows. These figures do not establish the acquisition’s effect on the share price, as they predate the announcement that the deal had been completed. Third-quarter results are due on November 4, with a review call at 11 a.m. Eastern Time.