Acquisitions
Honeywell’s 2026 Automation Spin-Off: Brilliant Strategy or Risky Complex Move?
October 24th, 2025Neeve’s Edge-Cloud Platform: Key Metrics & Growth 2025
October 22nd, 2025
deskbird Raises $23m with View to Dominating Europe’s Hybrid Workplace Market
This Research Note examines the growth of deskbird, a Swiss startup offering a workplace management platform that addresses hybrid working. We explore the company’s disclosed funding and its acquisitions completed last year before highlighting one of the firm’s recent reports on the German workplace market. Finally, we provide our view on the company and the […]
MazeMap Acquires Thing-it: Key Insights from 2025 Workplace Platform Consolidation
This Research Note examines the acquisition of the German software company Thing-it, by MazeMap, a Norwegian indoor navigation provider. We examine the development of the two startup companies prior to their merger and conclude with our perspective on the consolidation. Transaction In August 2025, Thing-it became part of MazeMap. Since then, the company reported that […]
Johnson Controls UK Analysis: 8 Strategic Acquisitions Since 2022 Drive Revenues
This Research Note examines the major Johnson Controls UK businesses relating to building automation, fire and security systems, highlighting their latest financial data, year ending 30th September 2024. It is based on the annual reports of 3 companies, Johnson Controls Building Efficiency (UK), Tyco Fire & Integrated Solutions (UK) and ADT Fire & Security. We […]
Hubstar Acquires Spica Technologies: 4th Strategic Deal Revealed
This Research Note explores the acquisition of UK-based Spica Technologies Ltd (formerly owned by Nordomatic) by Hubstar Group Ltd, announced on 9th October 2025. We examine the Spica Technologies software offering before highlighting Hubstar’s strategy with 4 acquisitions to date and concluding with our view of the transaction. Spica Technologies Profile Spica Technologies is a […]
Hager Group’s Energy Management Software Expansion: 15 Years of Acquisitions Analyzed
This Research Note examines Hager Group, the German supplier of electrical distribution products for residential applications, which has extended its business focus to commercial buildings. We comment on its recent inorganic growth strategy in energy management software and services, before analyzing the impact of their acquisitions since 2010. Hager Group Profile Hager Group is a […]
Securitas Technology Achieves $5.7B Revenue Accounting for 33% of Group 2024
This Research Note examines the electronic security business of Securitas, rebranded as Securitas Technology, based on investor presentations and their 2024 annual report. This article highlights the financial performance and progress of the business in integrating the STANLEY Security acquisition and repositioning the group as a technology-based supplier of integrated solutions in higher growth markets. […]
MRI Software: Exploring the 2025 IPO & Sale Options
This Research Note examines a report from Reuters that MRI Software is to be listed in an IPO or sold. We explore the development of the business over the last 10 years, since it was acquired by private equity owners, highlight their software acquisitions for commercial real estate applications addressing integrated workplace management, tenant experience […]
Smartvatten Strengthens European Position with 2025 LeakLook Acquisition
This Research Note examines Smartvatten, a Finnish specialist in water efficiency technology and expertise in Northern Europe. It updates our previous article in March 2024, covering Smartvatten’s solutions, key developments in 2024, sustainability partnerships and the September 2025 acquisition of LeakLook, a Finnish specialist in IoT-driven water monitoring for real estate. Smartvatten Profile Established in […]
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