Acquisitions
Securitas Expands Electronic Security Footprint with Acquisition of Stanley Security
December 10th, 2021$180m Flows into Occupancy Analytics Companies as Market Anoints its First Unicorn
November 11th, 2021Motorola Solutions Purchases Envysion, their 5th Acquisition in Video & Access Control
Motorola Solutions continues its strategy of investing in its video surveillance and analytics business with the purchase of Envysion, a US physical security provider for the retail sector, for $124 million net of cash on 2nd November. Envysion’s loss prevention offering for quick-service restaurants, convenience, and specialty stores is a cloud-based solution. It integrates video systems […]
Acuity Brands Annual Report 2021 Examined
While lighting makes up 95% of Acuity Brands Inc revenue (they are now the largest lighting manufacturer in North America) it is their Intelligent Spaces Group (ISG) business segment that focuses on smart buildings technology. In this research note, we examine their recently published 2021 Annual Report. Acuity’s ISG business segment offers building management systems […]
2 Workplace Experience Deals in 1 Day Signals Growing Competition for Dominance
The recent acquisitions of Office App and Lane by HqO and VTS respectively, both announced on 19thOctober, are the latest indication that well-funded workplace experience app suppliers are seeking to gain dominance. The market is still fragmented given the number of players – over 100 suppliers globally, according to our Workplace Experience Apps report. HqO, a […]
BP’s Blueprint for Decarbonizing Commercial Real Estate
British oil giant BP has acquired US-based building energy technology firm Blueprint Power. Born in response to the energy regulatory transformation that emerged after hurricane Sandy in 2012, Blueprint’s technology supports the decarbonization of real estate by turning buildings into a flexible power network by connecting them to energy markets through cloud-based software. Blueprint will join the BP Launchpad portfolio, […]
BMS Vendors Address the Small to Mid-Sized Commercial Buildings Market
The leading building automation players are investing and partnering with startup companies who have developed lower cost solutions for the light commercial buildings market. The latest example is the Siemens acquisition of French startup, Wattsense, which enables the leading player to address this market. The acquisition by the former Building Technologies business, part of Siemens Smart […]
Finnish FM Company, Caverion Strengthens European Building Automation Presence
Caverion, a Finnish listed company with €2.2 billion Euro revenues in 2020, is active in 11 countries in Northern, Central and Eastern Europe, supported by over 15,000 service and project employees. The group, formed in 2013 as a demerger of YIT Building Systems business, provides built environment services, such as technical maintenance and property management […]
Improved Business Results for dormakaba in a Demanding Environment
dormakaba Group, one of the top three companies in the global access solutions market, finished FY 2020/21 (year ending 30 June 2021) with good business results that marked an improvement on the previous year. Overall, consolidated net sales amounted to CHF 2,499.7 million (the previous year CHF 2,539.8 million), a decline of 1.6% (CHF 40.1 million). The company recorded organic sales […]
Workplace Technology M&A Shows a Rapid Rise in 2021
This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. Workplace technology has become a significant focus for acquisition activity this year as 15 M&A deals to date enable commercial real estate stakeholders to augment their software and IoT offerings. The strategic rationale for deals is on expanding solutions that address landlords’ needs to ensure […]