---
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"
generated_at: "2026-05-17T00:32:55.281727+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CBRE acquires Pearce Services for ~$1.2B; adds digital & power infrastructure capabilities

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-263632
- JSON: https://secwatch.observer/filing/0001193125-25-263632.json
- Plain text: https://secwatch.observer/filing/0001193125-25-263632.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.