Facilities

In this Research Note, we examine Canadian startup FacilityOS and its recent strategic decision to rebrand from iLobby and acquire SCLogic, announced on 4th March 2025. FacilityOS Profile Founded in 2013 and based in North York, Ontario, Canada, iLobby started out as a visitor management platform that helped enterprise companies track, manage, and monitor visitors, […]

In this Research Note, we explore JLL Workplace Management business, the reportable business segment providing a facilities management service offering for building occupiers. We focus on its organization within Work Dynamics, financial highlights, and acquisitions, based on their 2024 full-year results, 19th February 2025, and their latest 10K Report. JLL Profile For over 200 years, […]

This Research Note explores what’s behind the recent acquisition of Apleona, a German technical facility management business by Bain Capital, the European private equity firm. Our focus is on the strategic rationale of Bain Capital to acquire this firm, Apleona’s prior acquisitions in facility management, and its strategic investments in digital building services. Bain Capital […]

In this Research Note, we examine CBRE’s recent announcement of the creation of a new Building Operations & Experience business segment, in conjunction with the acquisition of Industrious, a US provider of flexible workplace solutions. We assess the changes to the former Global Workplace Solutions business and comment on the Industrious acquisition and the state […]

This Research Note explores what’s behind Yardi Systems’ recent acquisitions of Hubble and Deskpass in the coworking sector. We focus on Yardi’s strategic rationale for acquiring these two firms, the company’s prior acquisitions in the sector, and the current state of coworking in the office market. Yardi Profile Founded in 1984 by Anant Yardi and […]

This Research Note examines the emerging strategic priorities of CBRE, one of the largest real estate service providers in the smart buildings space. We have mapped acquisitions, strategic partnerships, and investment activity to ascertain the growth ambitions of the group, by categorizing the various business relationships by technology and investment type. This article is intended […]

In this Research Note, we examine the development of Acuity Brands Intelligent Spaces Group (ISG) and its FY2024 financial results, y/e 31st August 2024. Our analysis is based on the 1st October 2024 news release, presentation, and transcripts of quarterly earnings calls throughout the fiscal year. We also examine Distech Controls’ position in the French […]

In this Research Note, we examine EMCOR, one of the largest mechanical and electrical contractors in the US, and its building services business, which accounts for 28% of the group’s 2023 revenues of $12.6 billion. Based on their 2023 annual results and corporate overview presentation, this analysis covers the Building Services financial highlights for its […]