London, 26 February 2024 – learnd, a prominent energy management solution provider for non-residential buildings, has announced its acquisition of Ashdown Controls Limited, a leading BMS and energy solutions provider in the island of Ireland. The acquisition was finalized on Monday 26 February, 2024.
Ashdown Controls, headquartered in Dublin, Ireland and Antrim, Northern Ireland, has been a key player in the BMS and energy management market in Ireland. With a strong focus on reducing energy costs and carbon emissions, Ashdown Controls has served a wide range of customers throughout the island of Ireland.
Seamus McGlade, Owner of Ashdown Controls, stated, “Now, more than ever, it’s crucial that we all work towards reducing carbon emissions and contribute to Europe’s goal of achieving net-zero. For over 35 years, Ashdown Controls has been dedicated to providing customers with top-notch BMS and energy solutions, helping their buildings run more efficiently and effectively. Joining learnd will enable us to further expand our efforts by leveraging new resources and technology to enhance our customers’ carbon and energy savings. Together, we can harness the Power of Many to decarbonize the built environment across Europe.”
John Clifford, co-founder and CEO of learnd, expressed excitement about the acquisition, stating, “Ashdown Controls is a valuable addition to our mission of uniting the Power of Many. They bring a talented team, extensive industry experience, and expertise to the learnd group. Moreover, this marks our first acquisition in the European Union, showcasing our commitment to becoming the leading energy management provider in Europe and achieving our goal of decarbonizing the built environment.”
learnd’s co-founder and COO, Simon Wood, also expressed enthusiasm about the acquisition, stating, “Throughout the process, we have been thoroughly impressed by the high-quality work of Ashdown Controls. We are thrilled to welcome their entire team to learnd and look forward to working together to achieve net-zero.”
Founded in January 2023, learnd offers energy management solutions to reduce energy costs and carbon emissions from non-residential buildings. The company went public on the Frankfurt Stock Exchange through a business combination.
This acquisition is a key part of learnd’s strategy to pursue M&A opportunities and partnerships to consolidate the building management systems market and expand geographically. Their vision is to become Europe’s leading energy management provider.
For media inquiries, please contact:
Melissa Emerson
learnd
+44 7545 930196
melissa.emerson@learnd.co.uk
Distributed by https://pressat.co.uk/
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.