Wednesday 29 June 2022

ESG data intelligence firm, Deepki, acquires Fabriq

Do you feel lucky, punk?

'What's this, boss?'

We've got a PR email, Voice. 'Oh.' In a PDF. 'Oh, Christ!'

Yeah.

Hi, I hope you are well.

I'm all right, actually. Thank you.

Please find attached a press release announcing the acquisition of UK firm Fabriq by Deepki. Deepki, is the only company in the world offering a fully populated ESG data intelligence platform for the real estate sector, has acquired UK-based competitor, Fabriq, as part of its ambitious international growth strategy. This follows the announcement of €150 million of new funding in March.

Er ... well, okay.

The full press release is attached.  Do let me know if you have any questions.

Kind regards

Clare

Okay, Clare, I have a question: Have you gone cheap and given the job to Lucky?

Crickets.

Clare?!

More crickets.

Okay, Voice, are you ready for this? 'Not really.'

Anyway ...

More than $5 trillion of investment1 is needed each year to decarbonise the builtenvironment   and   ensure   the   real   estate   sector   can   meet   its   commitment   toreach   the   net   zero  target   by   2050.     Deepki   estimates   that  the value   of   themonitoring and analytics market required to achieve this goal will be worth $5 to$10 billion by 2025, with year-on-year growth of 20%. Commenting on announcement, Vincent;Bryant, CEO and Co-founder ofDeepki, said: “Fabriq  is  a   strong   brand   and   has   an  excellent   reputation   in   the   sector.    Itsexisting technology is complementary to Deepki Ready and, combined with ouradvisory   services,  this  makes it   an  exciting   partner  as  we   build the  businessglobally.“There is a huge opportunity for us to help the commercial real estate sectormeet   its   net   zero   target.     Urgent   action   is   needed,   with   a   greater   focus   onimplementation, not just reporting.  Investors need to recognise that much moremoney needs to be directed to net zero strategies and that they may not havethe   expertise  or   resources   necessary  to  tackle  the   enormous  climate   changechallenge.”Benjamin Kott, Founder of Fabriq, adds:“We are very excited to be joining Deepki on its international growth journey andconsolidating   its   global   leadership   position.    The   two   businesses   provide   aproposition which is second to none when it comes to helping  real estate assetowners   make  informed   decisions   on   improving   building   sustainability   andperformance   and   achieving   real   impact   in   reducing   emissions   from   buildingoperations in line with climate change policies.”Deepki’s SaaS platform enables clients to collect ESG data, get a comprehensiveoverview   of   their   portfolio’s   ESG   performance,   establish   investment   plans   toreach   net   zero,   and   assess   results.     It   also   allows   users   to   report   to   keystakeholders. The platform is supported by carbon and ESG experts who partnerwith   clients   across   data   collection   and   analysis,   through   to  ESG   strategyde@nition and implementation. 1 Vivid Economics
Now with over 180 employees, o%ces in @ve European capitals and operating inover   39   countries,   Deepki   has   become   the   global   leader   in   ESG   and   dataintelligence solutions for environmental transition in the commercial real estatesector, with more  than 500 million m²  - almost   @ve  times the area  of Paris -under management.For   further   information   about   Deepki’s   end-to-end   ESG   solutions,   visit:www.deepki.com*****About DeepkiFounded   in   2014,   Deepki   has   developed   a   SaaS   solution   that   uses   dataintelligence to guide real estate players in their net-zero transition. The solutionleverages   customer   data   to   improve   assets’   ESG   (Environmental,   Social   andGovernance)   performance   and   maximise   asset   value.   Deepki   operates   in   39countries, with 180 team members across o%ces in Paris, London, Berlin, Milanand Madrid. The company serves clients including AEW, Primonial REIM, GeneraliReal Estate, SwissLife Asset Managers and the French government, helping tomake their real estate assets more sustainable at scale.  In March 2022 Deepkiraised   €150   million   in   a   Series   C   round   of   funding   which   was   jointly   led   byHighland   Europe   and   One   Peak   Partners.   Other   investors   include   Bpifrance,through their Large Venture fund, and Revaia.About FabriqFabriq  was   founded   in 2011   with the  aim  of  promoting  a   change in   the waybuildings operate from an environmental point of view. The company, then calledEnergyDeck,   was   focussed   on   energy   and   resource   consumption   and   carbonemissions. Since then, the scope of its proprietary SaaS platform, Fabriq OS, hasexpanded signi@cantly,  and today   covers  every  aspect   of   building  operations,from   sustainability   metrics   to   resource   consumption,   cost   management,   airquality and space utilisation, as well as the productivity and well-being of theoccupants.
AppendicesDeepki in a few >gures:500,000,000+ m² monitoredOperations in 39+ countries180 employees across 5 European capitals300+ customers around the world€25M expected revenue in 2022 (100% annual growth)For further information, please contact:Clare -

STOP - !!!

Thank you, Lucky.

Now, you know me, dear reader(s), I like to have a laugh, BUT(!) ... I didn't touch that press release. I just copied and pasted it. I didn't touch one word or punctuation mark. Blame Lucky.

Or blame Clare, you know?

ENDS
ENDS
ENDS

...

Anything else, kook(s)?

Fitness? Man, I wish I had done all this years ago. I mean, I've never been obese or anything, BUT(!) ... why did I go through my thirties and forties overweight, when I could have been the sex god I am today the whole time??? Do you know what I mean? 'Mindset, Mikey.' Yeah, I suppose.

It's all mindset, dear reader(s). Most mornings I get out out of bed between five and half five. Even on weekends. That would have been alien to my old self. 'What about your music though?????????'

Yeah, yeah.

I'm making progress with my music. It may be slow progress, but it is progress. I did a bit of work on The Future last night. A couple of lines took me a couple of hours. Listen! If you have very high standards, you might find you move along the Straight Line very slowly. It's just the way it is.

Laters.