Two weeks ago, Canada-based Distech Controls (see the May 19, 2014 LRIBJ) was acquired by lighting equipment and controls company Acuity Brands Inc. (AYI, U.S.: NYSE), for $252.8 million. In a press release, its CEO and Chairman stated, "The acquisition of Distech Controls, coupled with our broad...
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News Commentary | March 09, 2021
Schneider Electric invested alongside AES, which has been a partner and investor in the company since its inception, and Huck Capital. Previous majority stakeholder Rubicon Technology Partners will become a minority investor. Uplight has carefully put together different pieces of the customer ... Not part of subscription
News Commentary | September 22, 2021
Moore Strategic Investment (MSV) led the round, in which Accurant International, Future Energy Ventures, Georgian, and Constellation Technology Ventures also participated. This round brings Bidgely's total amount of funding to $77 million, and the company plans to use its newly raised cash to "... Not part of subscription
News Commentary | November 15, 2021
Investors endorsed the concept of applying digital technology to analyze a building's carbon‑reduction potential with a $1 million seed investment in Canadian startup Audette. With investments totaling $1.5 million, Audette is taking advantage of regulations to reduce buildings' carbon foorprints by... Not part of subscription