Tricor Pacific Capital, Inc.

Avison Young (Canada), Inc.

Business Description:

Avison Young is Canada's largest independently- owned commercial real estate services company, and the only national, Canadian-owned, principal-managed real estate brokerage firm in the country.

Reason for Sale:

Avison Young sought a partner to provide equity capital, as well as cross-border expertise to execute its U.S. growth strategy.

Transaction Success:

Tricor was selected by Avison Young from a highly robust roster of potential buyers on the basis of Tricor's successful cross-border strategy and chemistry with management.

"Our Board of Directors, advisors and management team spent considerable time with Tricor over the past several months [prior to their investment in Avison Young] and we were very impressed with how closely our cultures aligned. Our collective experiences will enable Avison Young to further expand our brand in the U.S., and eventually overseas. We believe Tricor is the right partner to assist us in the execution of our compelling strategy."

Mark Rose
Chairman & CEO
Avison Young (Canada), Inc.