Add-on Acquisition • Engineering

BuildingIQ Acquires Buildingsense Australia Pty

On September 19, 2018, BuildingIQ acquired engineering company Buildingsense Australia Pty

Acquisition Context
  • This is BuildingIQ’s 1st transaction in the Engineering sector.
  • This is BuildingIQ’s 1st transaction in Australia.

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M&A Deal Summary

Date September 19, 2018
Target Buildingsense Australia Pty
Sector Engineering
Buyer(s) BuildingIQ
Deal Type Add-on Acquisition

Target Company

Buildingsense Australia Pty

Malaga, Australia
Buildingsense Australia Pty Ltd. is a designer, supplier, engineering, installing, and servicing of building technologies. Buildingsense Australia Pty Ltd. was founded in 2015 and is based in Malaga, Australia.
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Buyer Overview 1

Buyer

BuildingIQ

Sydney, Australia

Category Company
Founded 2012
Sector Internet Software and Services
Revenue 6M AUD (2019)
DESCRIPTION

BuildingIQ is a provider of Software as a Service solution for energy optimization for commercial buildings. BuildingIQ’s suite of software offerings are based on unique, patent-pending Predictive Energy Optimization technology. BuildingIQ was founded in 2012 and is basin Sydney, Australia.


Deal Context for Buyer #
Overall 2 of 2
Sector: Engineering 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Australia 1 of 1
Year: 2018 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-14 NorthWrite - Energy Information Management Services

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NorthWrite, Inc. - Energy Information Management Services is a provider of work site software applications.

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