Acquisitions
Apleona Under Bain Capital: 6 Deals in 18 Months
September 10th, 2026Vertiv Moves Upstream: What the $1.45B UIG Deal Means
September 7th, 2026
Digital Twin & AI 2026: Startups Trying to Demolish Construction Silos
Digital twin and AI startups are trying to redraw the technology map of the commercial building. For years, that map was drawn along clean lines: architects and engineers used one set of tools, contractors used another, facilities managers a third. Each phase had its own software vendors, its own data, its own logic, and the […]
BuildingMinds: Schindler Divests & Becomes Largest Insitiutional Shareholder in Lookthrough
This Research Note examines the divestment of BuildingMinds, by Schindler Group, the Swiss-headquartered global provider of elevators, escalators, and related services, to Lookthrough. We highlight the new ownership and strategic rationale of the transaction before assessing the latest company accounts of BuildingMinds GmbH and providing our view of the deal. Transaction Details Lookthrough, the Swiss-based […]
Azure Access Acquired by dormakaba to Strengthen US Strategy 2026
This Research Note examines dormakaba’s August 2026 acquisition of US firms, Azure Access and Apollo Security. We assess the strategic rationale of the deal and explore the group’s North American growth strategy and business model change for access control products in the USA. This article updates our previous September 2025 article on dormakaba’s North American […]
Liquid Cooling M&A: Deals Reshaping Data Centers in 2026
This Research Note examines the latest acquisitions in liquid cooling technology by the major HVAC and data center infrastructure players over the last 8 months. This updates our November 2025 Research Note on Liquid Cooling Acquisitions: 4 Major Deals Reshape Data Center Market in 2025 and our February 2026 Note on Data Center M&A Surge: […]
Comelit Targets €300m by 2030 with Ritto Acquisition from Schneider Electric
This Research Note examines the acquisition of Ritto door entry systems by Comelit Group from Schneider Electric in July 2026. We highlight the transaction details, Ritto’s development and Comelit’s financials and strategy, before assessing the rationale for the Schneider Electric divestment. This article updates our coverage of Comelit in May 2024. Transaction Details The agreement […]
Acquisitions Surge in 2026: 46 Smart Building Startups Acquired So Far
In May 2026, Autodesk agreed to pay $3.6 billion for MaintainX, a maintenance and asset management software company founded just 8 years ago, and the largest acquisition in Autodesk’s history. Measured against what the business earns today, that is about 27 times annualized recurring revenue: MaintainX expects to exceed $135 million in ARR for 2026, […]
Gunnebo Entrance Control Sold: Inside ASSA ABLOY’s 2026 Deal
This Research Note examines the ASSA ABLOY agreement to acquire the Gunnebo Entrance Control business. We highlight the transaction details, the target business unit profile and strategic rationale of the deal before assessing ASSA ABLOY’s acquisition strategy. Transaction Details On 5th August 2026, ASSA ABLOY announced an agreement to acquire Gunnebo Entrance Control, an international […]
PingCx Acquired: Facility Grid’s 2026 Building Lifecycle Bet
This Research Note examines the recent acquisition of PingCx by Facility Grid. We highlight the transaction details and the strategic rationale for the deal before commenting on the target company and drawing on our recent research on Digital Twin & AI Startups Across the AEC/O Lifecycle. Transaction Details Facility Grid, a provider of cloud-based commissioning […]
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