Acquisitions
Wagner Fire Protection Solutions Business and Financials Examined
October 16th, 2023Daikin Strengthens HVAC Controls Business in North America
October 11th, 2023
Halma Fire & Security Business & FY2023 Financials Examined
This Research Note examines the fire and security business of Halma plc and the financial results and acquisition strategy of their Safety Sector, year ending 31 March, announced on 15th June 2023. This analysis is based on financial releases, investor presentations and their Annual Report. Halma is a group of around 50 life-saving technology companies. […]
US-China Trade Tensions Driving Video Surveillance Market Bifurcation
Geopolitical tensions between the United States and China have continued to escalate in recent years, resulting in a series of tit-for-tat legislative actions aimed at restricting access to each other’s markets. These actions have especially impacted the video surveillance market, with the US government banning products from major Chinese manufacturers and Chinese firms developing alternatives […]
Stem Behind-The-Meter Energy Storage Business and Financials Examined
In this Research Note, we examine Stem, the first pure-play smart energy storage company to go public in the US. This article is based on their 2022 annual results, 10K Report, investor presentations and previous analysis. Founded in 2009, Stem is an energy storage company that offers commercial and industrial (C&I) customers a complete solution […]
Trane Augments Integrated Workplace Management Portfolio with Acquisition of Nuvolo
This Research Note examines what’s behind the bolt-on acquisition of Nuvolo, the workplace management software company announced this week by Trane Technologies, the US HVAC equipment firm. Trane is considered to be a competitive second-tier supplier in the world building controls market, behind Siemens, Honeywell, Johnson Controls and Schneider Electric. In a move which emulates […]
Acre Security Business in Access Control & Visitor Management Examined
In this Research Note, we examine the access control and visitor management business of Acre Security, a Dallas, USA-based buy-and-build company backed by private equity capital. Founded in 2012 to acquire, partner or invest in specialized players in the physical security industry, acre offers a single platform of on-premises, cloud, and hybrid security solutions. This […]
The Distributed Energy Management Startup Landscape
Building Energy Management is a broad category encompassing energy management software and hardware, energy efficiency services and sustainability and carbon management solutions for buildings. It also includes the technologies involved in creating grid-interactive buildings, such as demand response, virtual power plants, distributed energy management and behind-the-meter energy storage solutions. Within that space, a software category […]
Mapping the Tech Strategy of Assa Abloy through Acquisitions in Access Control & Identification Solutions
This Research Note examines the technology strategy of Assa Abloy, the global vendor in the access solutions space. We have mapped M&A activity in physical security, access control and identification solutions by categorizing the various acquisitions by technology over the last 2 years (January 2022 to date). The strategy presentation slide (shown below) at the […]
Edge-to-Cloud Platforms for Smart Buildings Gain Investment
In this Research Note, we examine recent investments by building automation players and IT vendors in startups developing edge-to-cloud platforms, which are regarded as critical technology for smart autonomous buildings. In January 2022, Johnson Controls completed the acquisition of FogHorn, a developer of edge-to-cloud AI software for industrial and commercial Internet of Things (IoT) solutions. […]
Next Page