Priva acquires stake in Smart Buildings Company bGrid
Amsterdam, 29 October 2019 – Today, a leading developer of technologies and services for climate control and optimum use of energy, Priva, announced it has acquired a minority stake in bGrid, a fastgrowing specialist in smart buildings. bGrid provides an intelligent sensor platform that collects data from buildings and connects it to various third-party apps. The companies have been working together on projects and will now reinforce their businesses even more.
With this minority stake in bGrid, Priva gives further substance to its innovation and growth strategy. When it comes to data collection and data integration for buildings, bGrid is at the forefront incorporating the latest sensor technologies. bGrid will use the investment for further technology development and for scaling up, both in the Netherlands as abroad. In addition, the intensified cooperation with Priva will lead to a larger (partner) network and a further exchange of knowledge.
Bart Melis, CEO of bGrid: “This is a logical next step in our growth strategy. After working on the development of the most innovative smart buildings technology in recent years, now it’s time for the next phase. Priva is a leading player when it comes to building management systems and we see great opportunities for a joint proposition, as we do with other parties. With a strong partner like Priva it will be easier to scale up and to serve more international customers.”
Peter Vandendriessche, VP Strategy & Commerce – Priva Building Automation: “We offer a digital platform that ensures a comfortable indoor climate in smart buildings. Our innovations seamlessly connect with the development of the growing number of smart devices. The collaboration with bGrid is one of the initiatives with which Priva can strengthen our position as a provider of digital services for smart buildings in order to create a better living and working environment for the user of the building in combination with smarter use of energy.”
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bGrid is a fast-growing company that offers smart building solutions. The company was founded in 2015 based on the conviction that working becomes more efficient and enjoyable by designing smart buildings that are good for the environment, the users of the building and the building owners. bGrid achieves this through a smart sensor network that can be integrated with the known building management systems and lighting on one hand, and interact with individual users on the other. bGrid has supplied products for the offices in Europe and the United States of (among others) Schiphol Real Estate, Microsoft, VodafoneZiggo, Unilever, Danone and the Municipality of Alkmaar. Using bGrid’s smart sensor network, companies are able to optimize occupancy rates, improve comfort and increase employee satisfaction. bGrid has 30 employees and is based in Amsterdam. For more information, visit: www.bgridsolutions.com or follow bGrid on Twitter or Linkedin.
Priva is an international high-tech company that develops hardware, software and services in the field of climate control, process automation and optimal (re) use of energy and water. The Priva market covers the areas of utility buildings, such as offices, shops, hotels and hospitals, horticulture and indoor growing. Priva’s building automation solutions stand for ease of use, speed and reliability during the installation process and the operational life cycle of buildings. They ensure a comfortable and healthy indoor climate and realize energy and cost savings. User-friendly interfaces and cloud-based solutions provide tools to control and optimize the technical installations of the building. With nearly 500 colleagues, 16 local offices in 13 countries and more than 450 international installation partners, Priva provides sustainable solutions and services in more than 100 countries. For more information, visit Priva.com or follow Priva on LinkedIn.