Smart Buildings

Influx of Capital from Private Equity Powers Hybrid Workplace Growth

Capital from Private Equity (PE) firms is powering the growth of workplace management software companies, as they redefine and augment their product offerings.  Demand is accelerating for digital hybrid workplace concepts which have gained momentum during the pandemic as businesses balance working from home and the return to the office.  COVID-19 has reshaped the way businesses think about their workspaces – and understanding who is in a building at any given time is more vital than ever before. Over the past year, we have seen 7 significant PE investments in the sector, with a focus on financing workplace technology to manage the new normal working environment.  The following firms have been the recent recipients of growth equity – Envoy, Traction Guest, iOffice + SpaceIQ, OfficeSpace Software, Condeco Software, iLobby and Tango Analytics.  With four of these deals occurring in the first month of 2022, workplace vendors are seeing an acceleration in market demand for digital solutions, which has enabled them […]

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