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Windfalls for T&T partners set to be paid in two tranches to prevent exodus of key staff building.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from building.co.uk Daily Mail and Mail on Sunday newspapers.
He said: “I would imagine both those firms [Core 5 and Alinea] are already seeking to reinforce their ranks and it couldn’t have come at a better time for them as the economy starts to pick up. “The challenge now [for] CBRE will be holding on to their best talent and demonstrating that they really understand the business they have acquired.” Last week T&T chairman and chief executive Vince Clancy said the firm had rebuffed a number of offers from rivals over the years, including private equity, and also pulled a float more than a decade ago because of the financial crash in 2007/08. ....
By Dave Rogers2021-07-29T05:00:00+01:00 Keeping staff happy and maintaining autonomy at listed US giant are the key challenges facing consultant’s UK bosses “We were all shocked when we were called into a room and told that we were being bought. We were gobsmacked it hadn’t leaked, bowled over. Very few people must have known.” One senior industry figure is recalling the time several years ago he found out the consulting business he was working at had just been snapped up by Aecom. For many at T&T right now, that feeling will be familiar. Only a handful of people at the very top would have known, all sworn to secrecy and, given that the discussions with CBRE had been going on for more than six months, dreading it leaking out, alerting rivals, causing unease and leading to the whole thing being called off. ....
Rivals praise T&T's deal-making skills but sound alarm over loss of independence to CBRE | News building.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from building.co.uk Daily Mail and Mail on Sunday newspapers.