Nordomatic
Mapping the Strategic Direction of Nordomatic in Smart Buildings
April 17th, 2024Nordomatic Smart Buildings Business & 2022 Financials Examined
May 10th, 2023
Learnd BMS Integration Business, SPAC Listing & Growth Strategy Examined
Learnd, a UK-based systems integrator, has announced the acquisition of Complete Energy Controls, a Scottish firm delivering Building Management Systems (BMS) with a multi-site energy management focus. This Research Note highlights the public listing of Learnd, their “buy and build” business model, recent and forthcoming acquisitions, based on investor presentations, SPAC documents and Memoori analysis. […]
Nordomatic Smart Buildings Business Examined
In this Research Note, we examine Nordomatic, the largest independent integrator of open, cloud-based smart building solutions in the Nordic region. This analysis is based on the Nordomatic 2021 Sustainability Report and their strategy to achieve global impact leadership within Smart Buildings by 2025. Founded in 1967 and headquartered in Stockholm, Sweden, Nordomatic reports a turnover of around SEK 1 billion (around $100 […]
Swedish Building Automation Challenger Regin AB Acquires DEOS AG
In this Research Note, we examine the acquisition of German building automation firm, DEOS AG by Regin AB, a Swedish HVAC products firm, announced on 31st May 2022. DEOS AG becomes a part of the Regin Group with a separate product line under the DEOSbrand name. With this transaction, the Regin group strengthens its market positions in Germany, Austria and Switzerland. […]
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 […]
Spica Technologies Acquired by Scandinavian Smart Building Systems Integrator Nordomatic
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 […]
Strategic Acquisitions of Startups in the Smart Buildings Space
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 […]
Strategic Investments & Partnerships Contribute to a Maturing Smart Buildings Space
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 […]
Strategic Change for Leading BMS Integrator in the Nordic Region
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 […]