ReachX advises Fabriq on its acquisition by Deepki to accelerate net zero in real estate and esg data intelligence
ReachX Ltd, the leading investment and financial technology platform, is pleased to announce its role as Financial Advisor to Fabriq on its acquisition by Deepki to gain a leading position in the UK.
Fabriq (https://fabriq.space/) disposes of best-in-class technological software assets and boasts 40 clients across real estate owners and asset managers, who use the proprietary Fabriq OS SaaS platform to improve the energy and resource efficiency of their real estate assets.
Deepki (https://www.deepki.com/) is the leader in ESG data intelligence and its SaaS platform enables clients to gain a comprehensive overview of their portfolio’s ESG performance, establish investment plans to reach net zero, and assess results. The platform, which recently raised €150M, is supported by carbon and ESG experts who partner with clients across data collection and analysis, through to ESG strategy definition and implementation.
The acquisition of Fabriq strengthens Deepki’s position as both a global ESG data leader and trusted partner to real estate companies and investors. Together with Fabriq, Deepki will be able to provide true end-to-end solutions that enable organisations to effectively reduce their carbon footprint and achieve net zero.
David Harvey-Evers, ReachX’s Senior Advisor and the ReachX team, served as financial and strategic advisor to Fabriq and its Board of Directors. This transaction underscores ReachX's deep software and cleantech domain expertise and successful track record of executing cross-border deals.
Commenting on the transaction, Ben Kott, Founder of Fabriq said: “ReachX provided us with hands-on support during the initial selection phase and helped keep things on track during the due-diligence process. The ReachX team proved to be very easy to work with, have deep financial and deal-making expertise and were always available to act as a sounding board whenever we needed them.”
Rafael S. Lajeunesse, CEO of ReachX, added: “We are delighted to have successfully advised Fabriq in this landmark transaction, and believe this transaction illustrates how the ReachX platform can bring top advisory talent to fast growth companies”.
The ReachX platform was founded in December 2017 and is led by Rafael S. Lajeunesse (CEO), Olivier Beau de Loménie (CTO) and Matthieu Gervis (CCO) to accelerate the world’s most ambitious projects and deals with growth companies, institutional investors and professional services firms.