Smart Buildings

Equans Reports Strong €19.2 Billion Revenue Performance

This Research Note examines Equans, a €19.2 billion business unit of Bouyges group, which offers a wide range of multi-technical services that contribute to increasing the overall performance of buildings.  We review their building services portfolio and 2024 revenues before highlighting Equans Digital activities in the smart buildings space. This article updates our previous coverage of Equans in August 2024. Equans Profile With a turnover of €19.2 billion in 2024, the group operates in a number of energy, digital, and industrial transition markets and employs 86,700 people across 5 continents. They are present in 20 countries – mostly across Europe, but also with significant interests in North America, Latin America and Australia. Their expertise is grounded in a strong electrical and thermal engineering skill set geared towards decarbonization. They develop and implement technologies to accelerate the electrification and digitalization of infrastructure, buildings, cities and regions Services Portfolio 2024 Annual Report Key Financial Figures 2024 Building-related revenues in 2024 […]

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Most Popular Articles

Vega akenza acquisition
Smart Buildings

akenza Acquired by VEGA: Behind the 2026 IoT Deal

This Research Note examines the acquisition of the Swiss smart buildings IoT platform company, akenza AG by VEGA Grieshaber KG, a German manufacturer of industrial measurement technology. VEGA Profile Since 1959, VEGA Grieshaber KG has been developing and producing technology for level and pressure measurement for industrial process automation. VEGA’s measurement solutions are used in […]

IMI plc Acquisition iSMA CONTROLLI
Smart Buildings

IMI’s €63m Deal Targets Underserved Mid-Sized Buildings

This Research Note examines the acquisition of Italian building automation specialist iSMA CONTROLLI by IMI plc, the UK-listed engineering group.  We explore the transaction details, strategic rationale, the target company profile and IMI’s Climate Control sector, before commenting on the deal. Transaction Details IMI plc announced on 7th October 2026 that it has agreed to […]

Disruptive Technologies Water Sensor
Uncategorized

Disruptive Technologies Sold for $130M: What’s Behind the Deal?

This Research Note examines the acquisition of Disruptive Technologies announced by Digi International, a US provider of IoT connectivity products, solutions and services.  We highlight the transaction details and strategic rationale for the acquisition, before exploring the current business segments of Digi International and commenting on our view of the deal. Transaction Details A definitive […]

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