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Item ID 1292513 in Category: Communities - News & Events
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AIM-listed company acquires Birmingham proptech firm from liquidation. | |
Aukett Swanke, a firm specializing in architectural and design services along with smart building solutions, has announced its subsidiary, Torpedo Factory, acquiring assets from RTS, a Birmingham-based company also known as Vanti, following its liquidation. Vanti, a provider of smart building software and master system integration services to commercial buildings, ceased operations due to financial difficulties, leading to its liquidation on March 18. The acquisition, valued at approximately £37,000, with potential additional payments up to £50,000 contingent on certain financial targets related to RTS client retention and business performance, marks a strategic expansion for Aukett Swanke. This move not only enhances their capabilities in smart building systems but also signifies the establishment of a new Birmingham office, broadening their geographical footprint and service offerings in the smart buildings sector. Nick Clark, Aukett Swanke’s CEO, expressed admiration for Vanti’s longstanding reputation and contributions to the smart buildings industry, including their involvement in the RIBA Smart Building Overlay publication and participation in the Smart Building Conference in Barcelona. He highlighted the acquisition’s significance in terms of gaining valuable expertise and expanding the Torpedo Factory Group’s (TFG) presence to the West Midlands, while also integrating former Vanti staff into their operations. For more details please visit our website - https://www.focusoutlook.com/aim-listed-company-acquires-birmingham-proptech-firm-from-liquidation/  | |
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| Target State: New York Target City : New York City Last Update : Jul 15, 2025 1:08 AM Number of Views: 19 | Item Owner : focusoutlook Contact Email: Contact Phone: + 1 (315) 6664984 |
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2025-07-19 (1.270 sec)