Nordomatic

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 […]

The Nordomatic Group, the largest independent integrator of open, cloud-based smart building solutions in the Nordic region, has announced the acquisition of Spica Technologies, a Birmingham, UK based provider of digital workplace software. Founded in 2014, Spica’s cloud-based technology has been deployed across more than 25 million square feet of office space in 20 countries throughout Europe, North America and Asia […]

This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. According to our recently published Startups Report, M&A continues to be a significant growth strategy for many incumbents providing solutions and services in the smart buildings space, as they seek to augment their portfolio offerings. Startup companies are becoming increasingly attractive targets for […]

This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. Strategic investments from corporate stakeholders in the built environment have contributed to a maturing smart buildings space in the current quarter. Investors supported a range of building technologies from IoT platforms, occupancy analytics, touchless security screening, microgrids, energy-as-a-service and more. This funding was […]

This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. Nordomatic, the Nordic region’s largest independent building management systems (BMS) integrator has been acquired by a new majority owner. Trill Impact is a private equity firm targeting mid-sized companies in Northern Europe with the potential to accelerate value creation while contributing to UN […]

This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. The European building automation market is seeing further evidence of consolidation and investment, as acquisitions continue to intensify competition in the sector. In the last two years, corporate buyers providing building management solutions, energy services and technical facilities management have acquired solution providers […]