Among the M&A activity at present is an attempt to rationalise the digital framework of the building and construction sector with Australian tech start-up IMANI entering a partnership with consultancy giant Deloitte.
The venture is $2 million tilt to advance the “digital ecosystem design program” to connect property, construction and building companies for “a more affordable, efficient construction sector”.
IMANI chief executive Bevan Ross said that the current landscape in the sector is building companies with one platform for sales, another for construction, another for invoicing, for banking etc.
“They basically operate their businesses as a series of silos that don’t talk to each other.
“What we’re trying to do is remove layers of waste and inefficiencies around design by digitising the whole process.”
Ross estimates IMANI’s services could save 25 per cent of the cost of a house by digitising the entire construction process from the frame to the roof and walls. The process also avoids inefficient waste in construction.
Ross’s previous work included Queensland state manager building markets for BlueScope
iuigis enters the Australian sustainable energy business
In the waste, water, health and energy sector sustainable tech provider iugis is amassing a collection of new ventures to help its offer to government and commercial entities.
The company’s latest acquisition is Australia-based solar energy provider Autonomous Energy, which specialises in solar PV, energy storage, microgrids and energy efficiency.
The new assets will be combined with global energy service company Envirofina, another recent addition to the iugis energy portfolio.
Chief executive officer of iugis Bill Papas said Autonomous Energy was the ideal candidate to expand iugis’s foray into energy efficiency thanks to its national presence and demonstrable experience.
Former head of enterprise and government at Vocus Daniel Wright has been appointed to lead iuigis’s Australian energy business.
ArborSafe joins with Civica Group
More consolidation news – a tad more intriguing – came with international software company Civica Group’s purchase of tree asset management software ArborSafe Australia Pty Ltd, which does a thing that makes so much sense in the digital age, under environmental stress.
ArborSafe has a C My Trees app, that enables members of the public to calculate the carbon stored in their trees and create personalised carbon sequestration targets based on how much energy they consume.
The Melbourne-based tree company provides everything from government agencies to educational institutions a wide variety of tools to manage, meet and increase compliance standards while maintaining healthy tree populations.
Civica Asia Pacific executive director Ben Cowling said, “I am delighted to welcome ArborSafe to the Group. Tree management is a critical activity for environmental and health and safety concerns ensuring organisations can fulfil their duty of care and support a better green environment”.
Airmaster expands its fire services
And in yet another acquisition HVAC&R management specialists Airmaster is expanding its fire services portfolio with boutique fire services company Specialised Fire Protection
Specialised Fire Protection offers, it says, a “one-stop-shop” for all kinds of fire services from the design phase to installation. Clients include BHP Billiton, University of Melbourne, Federation Square and RMIT University.
“Forging this partnership with Airmaster makes perfect sense for both companies. In doing so, we are combining two respected industry leaders, both with a strong and loyal customer base. Airmaster’s proven business model in building and technical services complements Specialised Fire Protection’s strengths in bespoke fire protection management,” Specialised Fire Protection’s Director Mohammed Mohtadi said.
“This partnership combines our collective skills, expertise, scale and resources in order to realise the growth aspirations and potential of both companies.”
The deal will be formally sealed on 1 April 2021.
Open-space landscapes are coming to the ACT
The Glascott Group, one of Australia’s leading landscaping companies, is launching a new division dedicated to open-space landscape management in the ACT.
Services will be available to both government and commercial businesses, offering local services for soft and hard-scape features that take into account the unique ecology and conditions in the greater ACT region.
“Our approach is to work with our clients to develop strategies that extend the useful life of a landscape, reduce reactive spend, and address trends that contribute to deterioration and sub-optimum performance,” Glascott Grout CEO Craig Sutherland said.
“We are delighted to offer our full suite of landscape creation and management services, as we continue to deliver significant spaces that leave a lasting legacy.”