Avison Young has announced the successful closing of its recapitalisation.
The company said it now has a ‘solid balance sheet, low debt, recruiting momentum and a clear growth plan’ centered on investing in its people, ‘expanding capabilities for clients and pursuing opportunities that strengthen and grow the business’.
Avison Young is now actively identifying opportunities for organic expansion and strategic acquisitions in markets, sectors and AI-based technology where it can deliver greater value for its clients.
Mark E Rose (pictured), chair and chief executive officer of Avison Young, said: “The completion of this recapitalisation marks an acceleration point for Avison Young and the beginning of an exciting next chapter. We have tremendous confidence in where we are going, and our financial partners have demonstrated that they share that confidence by voting with their pocketbooks. Now it is about execution. We are going to be very active, investing in our people, our leading AI technologies and our business, strengthening our services to clients and pursuing opportunities that accelerate our growth.”
