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EVORA Global Announces Acquisition of METRY
Transformative merger is set to redefine the landscape of real asset sustainability data to make it ‘analytics-ready’ and set new benchmarks for the industry.
EVORA Global today announces its strategic acquisition of METRY, Europe’s number one platform for environmental data collection. The move will establish new standards in data excellence and technological innovation, delivering comprehensive data solutions for the global real estate and infrastructure investment industry.
The acquisition signifies an improved level of data automation and quality for EVORA’s clients, achieved through direct connections to fiscal meters and hubs. This approach eliminates data gaps and reinforces the overall reliability of information provided into their analytics and content management platform, SIERA. EVORA’s dedication to data quality and validation underscores the company’s commitment to ensuring that all sustainability data is analytics-ready, combining external data sources with EVORA’s expertise in regulations and carbon accounting, whilst simultaneously upholding the highest standards in the industry.
METRY’s customers will gain access to EVORA’s expertise in setting strategy and implementing net-zero carbon initiatives in their real asset portfolios, broadening the value proposition available to them. This collaborative expertise – integrating human insights with advanced technology – is a testament to the forward-thinking approach of both companies.
“We are thrilled to welcome METRY into the EVORA family,” said Pradeep Menon, EVORA Global CEO. “This strategic acquisition marks a significant milestone in our journey to empower real asset investors with the tools and data needed to drive sustainable practices in the built environment. It will enable us to offer unparalleled services to our clients, solving for the climate challenge.”
“This is the perfect match.” said Magnus Hornef, METRY CEO and co-founder, who will be joining EVORA’s Executive Committee as Chief Data Officer. “We are enabling each other to make a bigger impact faster and I’m really excited about expanding our data collection capabilities to all of EVORA’s customers. It is a giant leap towards connecting every building with reliable data and automated collection.”