DALLAS (D Magazine) – DTZ, backed by Fort Worth private equity firm TPG Capital, is acquiring Cushman & Wakefield for $2 billion.
The seller is Exor SpA, an Italian holding company formed in the late 1920s to handle investments for the Agnelli family, which founded and controls the car manufacturer Fiat.
Former CBRE CEO Brett White, who was named DTZ executive chairman in March, will helm the combined DTZ/Cushman & Wakefield operation. The company will operate as Cushman & Wakefield.
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