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We have a diverse range of Australian companies in our portfolio. We have no constraints on the size of our shareholding or the minimum or maximum we are able to invest. However when combined with our co-investors, we generally hold majority positions in our investee companies.

Building IQ Acquires Energy Information Services From NorthWrite Inc

SAN FRANCISCO–(BUSINESS WIRE)–BuildingIQ, a leading energy management software company, today announced that it has acquired the Energy WorkSite and Facility WorkSite software applications from NorthWrite Inc. The two cloud-based applications, coupled with BuildingIQ’s packaged monitoring-based commissioning (MBCx) services, create a new, full-suite Energy Information Management Services (EIMS) platform. With the acquisition, BuildingIQ is able to create additional free cash flow and further meet the needs of those individuals responsible for managing daily operations of a single facility or a portfolio of buildings.

The Energy WorkSite application is a sixth-generation monitoring and data analytics software toolkit that allows commercial and industrial facilities to accurately track and benchmark energy use. It serves as a critical tool that enables facility owners, operators and energy service companies to verify savings from energy efficiency measures, while also helping utilities to better manage generating capacity. The Facility WorkSite application is a low cost management platform for facilities that provides work order management, preventative maintenance and asset performance reporting services. NorthWrite’s co-founder, Terrence McManus, and a staff of seven, will join BuildingIQ to manage the EIMS platform.

More can be read at http://www.businesswire.com/news/home/20160414005923/en/BuildingIQ-Acquires-Energy-Information-Management-Services-NorthWrite

This entry was posted on Sunday, April 17th, 2016 and is filed under Company News. Read all posts published by
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