Tado
Smart Building SPAC Trend Continues with Hybrid Work Play CXApp
March 28th, 20233 Things We Learned About Smart Building SPACs in 2022
December 20th, 2022
EnOcean: The Latest Smart Buildings Firm to Ride the SPAC Wave
The alternative IPO trend continues as German firm EnOcean announces its intention to implement a reverse merger with a SPAC to take them public early next year. Special purpose acquisition companies (SPACs) have proved a popular route for companies to list on the stock market without the rigmarole of a traditional IPO process. However, more […]

Is the Failed tado Deal Another Nail in the SPAC Coffin?
Another month and another failed SPAC in the smart buildings industry, this time involving German smart thermostat provider, tado. Each special purpose acquisition company (SPAC) deal offers a different set of reasons for failure, but on the surface, the tado deal with GFJ ESG (the SPAC) appeared to have all the ingredients for success. Tado has […]

The State of SPACs in the Smart Building & PropTech Space
In this Research Note, we examine companies in the proptech and smart buildings space which have opted for a SPAC route to become publicly listed in 2021 and 2022 to date, based on their annual reports, investor presentations, our M&A transactions database and analysis of previous deals. SPAC acquisitions accounted for 11 completed transactions in the smart […]

Smart Thermostats: European Challengers to Google’s Nest
This article was written by Daphne Tomlinson of Tomlinson Business Research. Last week, Nest launched the 3rd generation learning thermostat in Europe with new remote hot water control and improved compatibility with OpenTherm heating systems. Their presence in Europe is also expanded through partnerships with energy companies, a variety of retail channels, professional distributors, and […]