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Dar Group acquires top Canadian building analytics company

March 14, 2023
real estate

Dar Group, a leading global design and engineering conglomerate, said it has acquired a majority stake in CopperTree, a Canadian building analytics solutions provider.

Through this acquisition, Dar Group will be able to grow its market share and provide a more integrated digital service offering across its core markets, including transportation, buildings, energy, water and industrials.

The deal will see CopperTree join the Dar Group of companies, stated the engineering group.

With this move, Dar Group will be able to access a greater level of technological excellence on behalf of their clients.

According to Dar, the Canadian group’s offerings will directly complement its existing ‘Para’ digital twin solution - a platform that allows those who own and operate assets to unlock the potential of vast amounts of untapped operational and IT data, thus paving the way for cost savings and for more productive, efficient, sustainable, and resilient performance

The Dar Group companies will be able to access a greater level of technological excellence on behalf of their clients, through CopperTree’s patented technology and leadership team of experienced subject matter experts.

'In joining Dar Group, CopperTree will gain new access to a wider range of global markets which, in turn, will enable continuous growth for its state-of-the-art ‘Kaizen’ tools,' said a company spokesman.

These advanced platforms monitor the performance of built assets, improving decision making through the availability of live data and actionable insights, he added.