SEATTLE, USA: Colliers International, the world’s third largest commercial real estate services organization, and ATREG (Advanced Technology Resource Group), Colliers’ advanced technology manufacturing services division, jointly announced today that they have formed a strategic business alliance. ATREG has spun off into its own, independent advisory firm.
Under the agreement, ATREG, as its own company, will continue to provide semiconductor and advanced technology manufacturing clients with a wide range of services, including selling entire businesses or business units, process and product IP, and strategic consulting. Moving forward, Colliers International, ATREG’s former parent company, will operate as ATREG’s preferred real estate provider serving the needs of ATREG’s clients globally.
ATREG is a leader in the rapidly growing global demand for single-source, strategic transaction advisory services in the semiconductor and advanced technology manufacturing industry, a market opportunity worth US$300 billion worldwide. The new business alignment between Colliers International and ATREG positions both enterprises to best leverage and focus on their individual, best-in-class service lines in a unique, highly specialized market.
ATREG will now operate out of its new headquarters in Seattle, Washington, led by Stephen Rothrock, who previously served as the ATREG division’s senior vice president and executive director. All ATREG division employees are transferring to the company’s new location.
“The ATREG division has evolved into a top-tier advisory team completing complex transactions for some of the sector’s largest, most recognized global companies in the semiconductor space,” said Dylan Taylor, CEO in the US for Colliers International. “Moving forward as separate entities, Colliers International looks forward to continuing a close, preferred working relationship with ATREG, and accelerating our clients’ success.”
Colliers International established ATREG in 1998, when the division was retained to sell its first semiconductor manufacturing facility, and then evolved to further specialize, expand and brand within the advanced technology industry.
“The ATREG team would like to thank Colliers International for its invaluable support over the past 12 years,” adds Rothrock.
“The key to our differentiation and success has been our unique combination of deep market knowledge and key industry relationships. Our objective moving forward is to continue to provide all the strategic transaction advisory services advanced technology companies need under one roof, expand our portfolio by staying on top of emerging market demand, and strengthen our foothold in key growing overseas markets such as Europe and Asia. Our customers already know us for best-in-class service, and can rely on nothing less for years to come as an independent company.”