Sustainability Management Solutions May 2024

Ascentage Advisors is a leading corporate development and M&A advisory firm working with technology companies serving the built environment.

In the attached report, we’ve highlighted the role that measurement solutions can play in driving improved sustainable performance of built assets in the face of climate change.  28% of greenhouse gases are generated by existing buildings.  With new SEC climate disclosure rules as of March 2024, increased attention is being paid to top-down and bottom-up efforts to make buildings more safe, secure and energy efficient.

The interest of a wide range of strategic incumbents from the financial, technology real estate and building systems verticals has converged on this topic, making for a crowded field.  Blackstone, Clearlake, CVC, GI Partners and Thoma Bravo are backing the insurgents.  Unicorn and near unicorn players like Watershed, Persefoni and Measurabl have joined the fray.  It’s bound to get interesting.

 

“The move toward smarter utilization of existing assets through technology
holds great promise for incumbents, newcomers and the investors who back them.”

 

– Jeff Herriman, Managing Director at Ascentage Advisors

 

Get the Sustainability Management Solutions Update here