Commercial Buildings
Smart Building Tech Evaluation: Build a Framework with Me!
October 13th, 2025Johnson Controls UK Analysis: 8 Strategic Acquisitions Since 2022 Drive Revenues
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 […]
Delta Electronics Building Automation: Key Insights in 2025
In this Research Note, we examine the building automation business of Delta Electronics, a Taiwanese public company. We review the current brand offerings, financial highlights, a recent significant deployment, and provide a Memoori view of this second-tier player, building on our coverage of their strategy last year. Building Automation Brands The building automation business has […]
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 […]
Podcast 40: Stiles Property Management Found $400K+ in Hidden Savings
Most property managers know their buildings are hemorrhaging money through inefficient systems. The problem? They have no idea where to start looking. Devon Newton, VP of Property Management at Stiles, faced this exact challenge with 110 East, a new Class A development in Charlotte’s Southpark district. Despite managing 116 properties across the Southeast, she found […]
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 […]
Johnson Controls + Tyco: Nearly 10 Years on from the $16.5B Mega Merger
Nearly 10 years after the merger between Johnson Controls and Tyco in 2016, the $16.5 billion deal stands as one of the most significant consolidation moves in the building technologies sector. Today, with the benefit of hindsight and financial data, we can evaluate whether this mega-merger achieved its ambitious objectives. The 2016 merger created a […]
Next Page