Energy Consumption
Ecolibrium Deal: Built Cybernetics AI Move Adds 600+ Sites
September 29th, 2026Nordomatic Hits Over $300M Revenue After 2025 Buying Spree
September 28th, 2026
Apleona Under Bain Capital: 6 Deals in 18 Months
This Research Note examines Apleona, the German facilities management provider, since the group’s acquisition by Bain Capital in February 2025. We explore its financial highlights in 2025, its market position in Europe, and assess its acquisitions and strategic investments in the last 18 months. This article updates our previous coverage of Apleona in February 2025. Apleona […]
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: […]
SCorp-io: French Scale-Up Providing BMS to Over 300 Medium-Sized Commercial Buildings
This Research Note examines SCorp-io, a French scale-up providing building management systems (BMS) for medium-sized commercial buildings. We highlight the gap in the French market for energy management in medium-sized buildings, comment on deployments and funding raised by SCorp-io, as well as competition in the European market. SCorp-io is one of 169 startups funded in […]
Shelly Group: Will Schneider Electric Buy It for €1.3 Billion?
This Research Note examines a potential acquisition of Shelly Group, a European public company based in Bulgaria that provides IoT and smart home solutions, by Schneider Electric. We explore the target company, its market, financial performance, and fit with Schneider Electric. This Research Note updates our previous coverage of the group in January 2025. Reported Tender […]
learnd Post MBO: EBITDA Grows 63% in Q1 2026
This Research Note examines learnd UK & Ireland BMS integration and service business, after their strategic MBO in September 2025. We review 2025 and Q1 2026 financial highlights, based on AnchorCore SE announcements, before commenting on their strategy to date. learnd UK Profile learnd Ltd addresses the growing market for intelligent, energy-efficient building management in […]
Asuene’s Expansion: 7 Deals Forging a Decarbonization Powerhouse
This Research Note examines Asuene, a Tokyo, Japan headquartered provider of a sustainability reporting platform, which has recently embarked on an international scaling strategy through acquisitions and regional hubs. Asuene Profile Founded in 2019 in Tokyo, Japan, Asuene Inc. has developed a CO2 visualization, reduction, and reporting cloud platform. The startup offers enterprise software coupled […]
Nordomatic’s UK Growth Examined: 4 Acquisitions Since 2022
This Research Note examines the Nordomatic Group, a Swedish building management systems integrator. We highlight its expansion journey, before drilling down into the UK business, created from 4 acquisitions over the last four years. This article updates our previous coverage of the company in August 2025. Nordomatic Group Profile The Nordomatic Group is one of […]
Facil.AI Focuses on Reseller Partnerships for its AI-Powered HVAC Optimization Software
This Research Note examines the AI-powered HVAC optimization startup, Facil.AI. We review the company’s core technology, its business model, current and forthcoming AI agents, and deployments of the company. Facil.AI Profile Founded in 2020 by Keith Gipson, Facil.AI is a California-based provider of AI-driven autonomous optimization solutions for HVAC systems and broader building management in […]
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