Residential Buildings
Verisure 2025 IPO: Understanding the Shift in Professional Security Services
October 27th, 2025Hager Group’s Energy Management Software Expansion: 15 Years of Acquisitions Analyzed
October 9th, 2025
Wattbuy Acquisition Strengthens Schneider Electric’s 2025 Smart Home Strategy
This Research Note examines Schneider Electric’s acquisition of WattBuy, announced in August 2025. We highlight the startup’s development and strategic rationale of the acquisition before exploring the overall strategy of Schneider Electric in the US residential energy management space. WattBuy Profile Founded in 2017, Bellevue Washington based WattBuy is a software platform that helps consumers […]
Techem’s Major €6.7B Acquisition by Partners Group to Drive Next Growth Phase
This Research Note examines what’s behind the announcement of the €6.7B acquisition of German submetering firm, Techem by Partners Group and a consortium of minority investors. We highlight the transaction details, ownership history, and strategic rationale, as well as reviewing Techem’s financials and device and services portfolio. Transaction Details Partners Group, GIC, TPG Rise Climate, […]
ABB Electrification Business & 2024 Financials Explored
In this Research Note, we examine ABB’s Electrification business and its 2024 financial results announced on 30th January 2025, specifically in relation to commercial buildings and data center end markets. We also highlight acquisitions and investments made by the business throughout 2024. ABB Electrification Divisions The Electrification business is split into 5 divisions, which provide […]
Carrier Portfolio Transformation: Exit of Commercial & Residential Fire Businesses
This Research Note reviews Carrier’s announcement to divest its commercial and residential fire business to an affiliate of Lone Star Funds for an enterprise value of $3 Billion. This transaction is part of a series of divestments, brought about by the acquisition of Viessmann Climate Solutions. The state of play of Carrier’s portfolio transformation activities […]
What’s Behind Johnson Controls Move to Divest Residential & Light Commercial HVAC to Bosch?
This Research Note examines what’s behind Johnson Controls’ latest move to divest its residential and light commercial HVAC equipment business to the Bosch group. We review the transaction details and rationale in the context of JCI’s strategic transformation, before exploring other non-core divestments and our conclusions. Residential & Light Commercial HVAC Transaction Details On 23rd […]
What’s Behind the Sale of Johnson Controls Air Distribution Business?
Johnson Controls has announced plans to sell its Air Distribution Technologies business, which it acquired in 2014 for $1.6 billion, for an undisclosed amount to Los Angeles private equity firm Truelink Capital. The transaction is expected to close in the second half of 2024 and marks another step in a broad transformation of the pure-play […]
Occupant Behavior as an Intelligent Building System Capable of Learning
Intelligent building technology seeks to find the balance between reducing energy consumption and providing the ideal environment for occupants. However, numerous studies from around the world have found that by simply equipping occupants with greater knowledge on their energy use, significant energy savings can be made from behavioral change alone. This kind of ‘occupant development’ […]
New EU Deal Targets Buildings Renovations, Rooftop Solar & Net Zero
The European Parliament and European Council reached a provisional agreement this month to further reduce the emissions and energy use of buildings across the EU. A staggering 75% of Europe’s aging building stock is considered energy inefficient and this latest piece of legislation will strengthen the Energy Performance of Buildings Directive (EPBD) across the Union. […]
