Cassidy Turley acquired by DTZ Investment Holdings

Washington, D.C. -- The Washington, DC-based brokerage Cassidy Turley agreed to sell 100% of its equity interests to an affiliate of DTZ Investment Holdings, which is backed by a consortium of investors.



The deal is expected to fully close on Dec. 31, after the consortium acquires DTZ around Oct. 31



"Following a period of intensive mutual due diligence, we are confident that this combination is an excellent cultural fit as well as an opportunity to partner with a global brand," said Cassidy Turley CEO Joseph Stettinius Jr., in a written statement.