On the Record · Cushman & Wakefield
Cushman & Wakefield acquisitions, on the record
The businesses Cushman & Wakefield bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
combined DTZ groupWord for word“On November 5, 2014, DTZ Jersey Holdings Limited acquired 100 % of the combined DTZ group for $ 1.1 billion from UGL Limited.” 10-K for 2023 | acquisition | November 5, 2014 | $ 1.1 billion |
C&W Group, Inc., the legacy Cushman & Wakefield businessWord for word“On September 1, 2015, DTZ Jersey Holdings Limited acquired 100 % of C&W Group, Inc., the legacy Cushman & Wakefield business, for $ 1.9 billion.” 10-K for 2023 | acquisition | September 1, 2015 | $ 1.9 billion |
operations in RussiaWord for word“For the year ended December 31, 2022, Other predominantly includes a loss of $13.8 million related to the disposal of operations in Russia, as well as one-time consulting costs associated with certain statutory reporting and legal entity reorganization projects.” 10-K for 2023 | divestiture | year ended December 31, 2022 | — |
a business (not named)Word for word“For the year ended December 31, 2023, Other primarily reflects non-cash stock-based compensation expense associated with certain one-time retention awards, one-time consulting costs associated with certain legal entity reorganization projects, a loss on disposal of a business, and a one-time impairment of certain customer relationship intangible assets.” 10-K for 2023 | divestiture | year ended December 31, 2023 | — |
businesses (not named)Word for word“Cash used in investing activity during the year ended December 31, 2022 primarily reflects our capital expenditures of $50.7 million, acquisitions of $32.8 million and investments in equity securities of $26.4 million.” 10-K for 2023 | acquisition | year ended December 31, 2022 | $32.8 million |
non-core business that provides a third-party supplier network to support a small portion of our Services clients in the Americas segmentWord for word“The sale closed on August 1, 2024 and the Company received net cash consideration of $ 122.6 million.” 10-K for 2024 | divestiture | August 1, 2024 | $ 122.6 million |
a non-core Services business that provides a third-party supplier network to support a small portion of our Services clients in the Americas segmentWord for word“The sale closed on August 1, 2024 and the Company received net cash consideration of $ 122.6 million.” 10-K for 2025 | divestiture | August 1, 2024 | $ 122.6 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $57.1 million | — | — |
| 2017-12-31 | $99.9 million | — | $114.7 million |
| 2018-12-31 | $35.5 million | — | $46.3 million |
| 2019-12-31 | $275.9 million | — | $184.5 million |
| 2020-12-31 | $108.7 million | — | $109.9 million |
| 2021-12-31 | $7 million | — | $9 million |
| 2022-12-31 | $32.8 million | $0 | $27.4 million |
| 2023-12-31 | $0 | $0 | — |
| 2024-12-31 | $0 | $122.6 million | — |
| 2025-12-31 | $4.9 million | — | $8.8 million |
Deal filings since 2016
- 2026-06-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-10-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-10-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-07-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-01-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-10-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-06-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-04-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-08-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-06-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-02-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-04-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-12-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-12-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-10-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-05-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-01-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-08-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-08-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Cushman & Wakefield’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.