Built Environment
Xtract One: 29% Booking Growth Contrasts with 2025 Revenue Decline
December 16th, 2025EcoStruxure Foresight: Schneider’s Answer to Building System Fragmentation 2025
December 15th, 2025
Facilities Management Gets Smarter: 2 AI Startups Eliminating Manual Workflows
This Research Note examines 2 early-stage startups. Swiss-based flint and UK-based Tyten are using AI to deliver automated workflow efficiencies that address the real pain points of facilities management: automating repetitive tasks and enabling operational efficiencies in repair and maintenance work orders. flint Founded in 2025 by Thomas Kessler (former CEO of Locatee) and Fabio […]
AECOM $390M Consigli Acquisition: Key Insights into 2025 AI Strategy
This Research Note explores the recent announcement that Consigli, a Norwegian engineering software startup has been acquired by AECOM. We examine the transaction details, Consigli’s approach to AI-driven engineering workflows in real estate development, AECOM’s strategic rationale, and the impact on the AEC sector. Transaction Details Global infrastructure engineering giant AECOM has acquired Norwegian AI […]
Siemens Expands Energy Twin Tech with Setmetrics Asset Acquisition
This Research Note explores what’s behind the November 2025 announcement that Siemens has acquired key technology assets of Australian startup, Setmetrics Pty Ltd. We highlight the technology transfer to Brightly Software, following a partnership in Siemens’ Xcelerator ecosystem, before confirming the voluntary liquidation of Setmetrics as an independent entity. Transaction Details Siemens adds key technology […]
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 […]
Legence IPO Filing 2025: Financial & Market Position Analysis
This Research Note examines the recent Legence Corp. filing at the US SEC for an Initial Public Offering. We highlight the transaction details, profile the business segments offering engineering, installation and maintenance services and sustainability consulting, and explore the financial highlights of the $2.1 billion revenue company. Transaction Details Blackstone is exploring a potential sale […]
Energys Group Completes $10.125m IPO: Key Insights from the 2025 Listing
In this Research Note, we examine the IPO of Energys Group, a UK energy efficiency and decarbonization solutions provider, having completed a Nasdaq listing on 2nd April 2025. We highlight the strategic implications of the listing, positioning it for expansion and increased visibility. Energys Group Profile Energys Group Limited is a holding company headquartered in […]
Consolidation in the Smart Buildings Startups Space 2024
Based on analysis from our latest research, Startups in Smart Buildings 2025, we examine M&A activity in the commercial buildings startups space. PitchBook has reported that M&A activity across all sectors in 2024 increased by 14% in volume and 19% in value YoY. In fact, deal activity reached its highest annual count ever, finishing with […]
Will Autodesk Acquire Eptura Extending its AEC Software Business into Building Operations?
In this Research Note, we examine the possibility of Autodesk, the $5.5 billion architecture, engineering, and construction (AEC) software giant acquiring Eptura, the IWMS player formed in October 2022 from the merger of 10 separate workplace software brands. We review the relationship between the two companies, highlight Autodesk’s strategy to extend its portfolio into building […]
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