{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-263632","form_type":"8-K","ticker":"CBRE","cik":"0001138118","company_name":"CBRE GROUP, INC.","filed_at":"2025-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.874899+00:00","generated_at":"2026-05-17T00:32:55.281727+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"CBRE acquires Pearce Services for ~$1.2B; adds digital & power infrastructure capabilities","bullets":["Initial purchase price ~$1.2B cash plus up to $115M earn-out if Pearce meets 2027 performance thresholds.","Pearce provides technical services for critical power (34%), renewables (30%), wireless/fiber (29%), EV charging (7%).","Pearce projected 2026 revenue >$660M, EBITDA >$90M; acquisition immediately accretive to CBRE core EPS.","CBRE expects >$350M Core EBITDA from digital & power infrastructure in 2026, excluding land-sale gains.","CBRE expects net leverage ~1.1x at end-2025, midpoint of 0-2.0x target range."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-263632","json":"https://secwatch.observer/filing/0001193125-25-263632.json","markdown":"https://secwatch.observer/filing/0001193125-25-263632.md","text":"https://secwatch.observer/filing/0001193125-25-263632.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1138118/000119312525263632/0001193125-25-263632-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1138118/000119312525263632/cbre-20251104.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:32:55.281727+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}