Nuvolo

Smart Buildings

Kieback&Peter’s 2025 Minority Investment from Trane Strengthens their European Position

October 31st, 2025
Smart Buildings

Trane Technologies Growth Through Acquisition: Key 15 Smart Building Deals Since 2013

September 22nd, 2025
Trane Technician inspecting units
Smart Buildings

Trane Technologies Commercial HVAC Business & 2024 Financials Examined

In this Research Note, we examine the commercial HVAC business of Trane Technologies. This article is based on the announcement of their Q4 and full-year 2024 results, investor presentation, and transcript of 30th January 2025. We also highlight the progress of Trane’s digital building services through connected buildings and assets, its recent acquisitions, and its […]

What’s Behind Trane’s Acquisition of Brainbox AI
Smart Buildings

What’s Behind Trane’s Acquisition of Brainbox AI?

This Research Note examines what’s behind Trane Technologies’ acquisition of Brainbox AI, announced on 18th December 2024. We review the transaction details, the strategic rationale, and prior relationships of this major US HVAC manufacturer and the Canadian startup offering AI-powered HVAC optimization technology. A market we recently covered in an in-depth research report. Transaction Details and […]

Cloud IWMS SaaS
Workplace

‘SaaSy’ Integrated Workplace Management System (IWMS) Vendors

More and more building data and systems are migrating to cloud-based Software as a Service (SaaS) platforms offering a new generation of off-premise services. Core management platforms for commercial buildings have been slow to catch the SaaS wave, as building stakeholders build trust in off-site data services and consider cost implications. Integrated Workplace Management System […]

Trane Technologies 2023
Smart Buildings

Trane Technologies Commercial HVAC Business 2023 Examined

In this Research Note, we examine the 2023 business and financials of Trane Technologies, based on their full-year results announced on 1st February 2024, their 2023 10K Report and other announcements. Acquisitions, strategic investments and partnerships in the last 12 months are also highlighted. Since becoming a public company in 2020, Trane Technologies has positioned […]

Workplace Technology Acquisitions 2023
Smart Buildings

10 Notable Workplace Technology Acquisitions in 2023

This Research Note reviews workplace technology acquisitions in the commercial smart buildings space over the last 12 months. We highlight significant M&A transactions in integrated workplace management systems (IWMS), workplace experience apps, occupancy analytics, visitor management software and associated workplace hardware. 2023 saw 2 major consolidations in the workplace management sector led by US HVAC […]

Eptura Company
Smart Buildings

Eptura Workplace Technology and Software Business Examined

The unification of Archibus, SpaceIQ, Serraview, and iOffice to form Eptura in October 2022 was one of the major mergers in the global integrated workplace management (IWMS) sector. This Research Note examines the business, one year on. Headquartered in Atlanta, Georgia and with large regional offices in London, UK and Melbourne, Australia, Eptura was created […]

Trane Nuvolo Workplace Management Acquisition
Smart Buildings

Trane Augments Integrated Workplace Management Portfolio with Acquisition of Nuvolo

This Research Note examines what’s behind the bolt-on acquisition of Nuvolo, the workplace management software company announced this week by Trane Technologies, the US HVAC equipment firm. Trane is considered to be a competitive second-tier supplier in the world building controls market, behind Siemens, Honeywell, Johnson Controls and Schneider Electric. In a move which emulates […]

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