Acquisitions from many angles, OEM M+A Strategy / First 'new format' issue

Smart Building Insight - M+A and Partnerships - June 2025 from Aamidor Consulting

Letter from the Editor

We’re a bit late this month, but delayed the issue 1 week due to Realcomm. It was a great show, as always. (And, we had a special issue last week, given all the activity in the market.)

UPDATE: And, this is our first paid issue. We’ll still provide some content above the paywall for all subscribers. The new approach is as follows:

• At least 6 special issues, in addition to the standard 2x per month.

• A more regular and complete review of public OEMs

• More guest posts —> Smart Building Insight will continue to focus on the business and product strategy of smart building solutions: technology to digitize and decarbonize real estate. If you have a topic, please reach out.

• We are considering sponsored episodes, in which a vendor/solution provider can unlock a whole issue for all readers. Maybe also some sponsored deep dives. Contact us if these are interesting to you.

• No changes to our core consulting business.

Also important - the cost: $180 / year, or $20 / month. However, we are running a promotion - 25 percent off for new subscribers.

Last week’s issue has more details on the new model…

Special Issue! Big news from Smart Building Insight and Aamidor Consulting

Phew!! With all that housekeeping out of the way, back to our regularly scheduled issue.

A number of features in this issue:

1. Partnership news, including Legrand-KODE , Bueno, and Copeland-Mysa.

2. Acquisitions, including a BAS acquisition by a CMMS firm, nZero, and more.

3. Public firm analysis/news: Airthings, Honeywell, ABB, CBRE, etc.

4. A deep dive on TMA Systems, a CMMS firm making significant acquisitions.

5. Our takeaways from Realcomm.

Also, conference season is upon us, and we’ll be attending a few events in the coming months, including:

• Blueprint: Joe will be leading a panel - stay tuned for details. Readers of Smart Building Insight can get a discount on tickets . (Las Vegas, September 16-18)

A housekeeping item - we are starting to book consulting projects into the fall (August) - please reach out if you think you will need our help. We’d be happy to talk, but please get in touch soon!

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Aamidor Consulting Spotlight

In case you missed it, we shared a number of resources summarizing our deep analysis on startup capital efficiency. Two of those - an article and a podcast episode - are included below. And, see this issue of our newsletter for more.

Is Energy and Building Management Tech Poised for a Big M&A Moment?

This newsletter is a market wrap up and analysis of the smart buildings industry. If the email was forwarded to you, sign up to receive it directly.

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Partnerships:

• Legrand launched the Wattstopper i3 Platform, powered by KODE Labs, to unify lighting and building systems into a smart, data-driven management solution designed to disrupt the fragmented lighting controls market.

• FPC Digital partnered with Bueno Analytics to launch a turnkey building optimization service, combining data-driven performance management with compliance-ready solutions across commercial property portfolios.