Installers
Legence IPO Filing 2025: Financial & Market Position Analysis
August 19th, 2025Paxton Access Delivers Solid 2024 Results Despite Tough Market Conditions
July 9th, 2025
Assemblin Caverion Merger: Key Takeaways for Smart Buildings Business
In this Research Note, we examine the recent Triton announcement of a merger between its portfolio companies, Assemblin and Caverion to create a Northern European technical building installation and services group “providing the most comprehensive and cutting-edge solutions across the full lifecycle of the built environment”. We highlight the strategic rationale of the Caverion acquisition, […]
Carrier HVAC and Fire & Security 2022 Business Examined
In this Research Note, we examine the HVAC and Fire & Security business of Carrier, based on their 2022 10K Report, investor presentations and building technology-related digital business throughout 2022. Carrier Global Corporation is a global provider of healthy, safe, sustainable and intelligent building and cold chain solutions with a focus on providing differentiated, digitally-enabled […]
The Single Pair Ethernet Enabler for Building Connectivity
“For over 30-years twisted-pair (TP) cabling has been used to transmit voice, data, and power over the same infrastructure. It has been crucial to integrating operational technology (OT) and information technology (IT) on a single TP ethernet platform during that time as we have seen technological advancements that have expanded the use of the now-ubiquitous […]
Bravida’s Smart Building Automation Business Examined
In this Research Note, we examine the building automation business of Bravida Holding AB, a 100-year old Swedish company with a vision statement of “bringing buildings to life”. This analysis is based on their 2021 Annual Report, investor presentations, growth strategy and M&A activities. Bravida operates in the Nordic market for technical service and installation of buildings and facilities. Bravida’s core […]
Customers Find Security in the Cloud During COVID
There has been a steady transition towards cloud-based as-a-service business models for smart building services over the past decade. This gradual shift began to challenge long-established business models, relationships, and channels of distribution and was met with some resistance from certain segments of the industry. These cloud-based as-a-service business models require that manufacturers and systems […]
Securitas Expands Electronic Security Footprint with Acquisition of Stanley Security
Securitas, the global security services business comprising guarding, electronic security, fire and life safety solutions, has announced a “transformative acquisition” of Stanley Security, the electronic security solutions business of Stanley Black & Decker, making this their largest acquisition to date. Stanley Security is a provider of electronic security solutions with operations in 12 markets globally and with approximately […]
What is the Most Critical Buying Proposition in Physical Security Today?
Security Systems in the Channel: What Will Tomorrow’s Distribution Model Look Like?
The traditional distribution model for Physical Security products right across the globe, was often referred to as “box shifting”, it offered products off the shelf but with few value add services. This is now rapidly morphing into a sophisticated system delivering value add services that its clients are now demanding. This article uses information from […]