PR Newswire | July 19, 2023
Carbon Title, the company dedicated to decarbonizing every building, today announced it has joined the Procore App Marketplace. Procore Technologies, Inc. is a leading global provider of construction management software and started the Procore App Marketplace in 2016 as an online hub for third party integrations and applications to support the growing construction ecosystem. The integration will help normalize green building practices across projects and make it easier to amplify their successes, enabling lower-carbon contractors to highlight their competitive advantage in an increasingly climate-conscious market.
Carbon poses both a significant threat and a promising opportunity for contractors today. Companies that embrace lower-carbon strategies stand to gain a substantial competitive advantage, while those who are reluctant risk being left behind. This integration will serve as a catalyst for a race to zero emissions, motivating top contractors worldwide to adopt eco-friendly approaches to future-proof their businesses.
"Our integration into the Procore platform represents a major breakthrough towards weaving carbon reduction into the very DNA of construction management," said Miles Haladay, co-founder of Carbon Title. "By providing radical transparency of carbon emissions across projects, we are ushering in a new era of sustainable construction, where the construction of our homes, hospitals and other structures no longer comes at the expense of our environment."
The built environment contributes 40% of annual global carbon emissions. What's more, we're on a trajectory that falls short of achieving the objectives outlined in the Paris Agreement. In order to mitigate the risk of catastrophic climate change, the integration of Carbon Title into the Procore platform presents a timely solution. Contractors, developers and property owners can now access robust tools to estimate, manage and communicate the carbon impact of their building portfolios. Carbon Title Explorer, a map of estimated carbon emissions of nearly every building in the U.S., provides visibility, raising awareness among the broader public.
"We're inspired by Carbon Title's transformative work to normalize green buildings at scale," said Kris Lengieza, VP of global partnerships & alliances at Procore. "Together we're working to make carbon reduction a standard practice across all building projects. This collaboration represents a significant stride towards a lower carbon future, with tangible benefits for both the industry and our planet."
About Procore Technologies
Procore Technologies, Inc. provides cloud-based construction software to clients across the globe. Using its award-winning suite of project management tools, hundreds of thousands of registered Procore users manage all types of construction projects including industrial plants, office buildings, apartment complexes, university facilities, retail centers, and more. Every day, we speak to construction firms still heavily relying on paper-based documentation, email chains, and spreadsheets to manage their projects. Our goal is to help construction professionals increase their project success by simplifying project management with powerful collaborative software.
About Carbon Title
Carbon Title is a catalyst accelerating climate action in the building industry. Its decentralized platform offers radical transparency into the carbon emissions of all buildings, empowering stakeholders to understand, manage, and take action to reduce emissions across their portfolios. Based in Lake Oswego, OR, the company is backed by GreenPoint Partners, Alpaca, and Ripple.
Education, Engineering Tech
Businesswire | August 21, 2023
Tanner Engineering, founded in 1996, and located in La Mesa, California, specializes in complex electrical engineering design with specific experience in healthcare, alternative energy, and education. Their scope of services include lighting, power distribution, medium voltage, fire alarm, energy retrofits, and arc flash coordination studies.
In addition, they have expertise in facility assessments, OSHPD/HCAI – NPC studies, master planning, and innovative design strategies for microgrids and emergency electrical system upgrades. One of their most recent successes is six of the first group of microgrid projects ever approved by OSHPD/HCAI and the state of California.
RTM Engineering (RTM), located in Schaumburg, Illinois, is a national MEP, Civil, and Structural engineering consulting firm that has achieved success by remaining privately-owned and governed by its leadership team of partners. RTM has highlighted its commitment to growth through investment in successful entrepreneurial firms throughout the country, with a like-minded vision of the future.
“We have great admiration for the work produced by the RTM team and their well-established reputation within the industry. The merger between our two firms will offer some exciting prospects in undertaking new and challenging projects on a national scale,” said Rocky Tanner, President of Tanner Engineering.
Tanner added, “Much like RTM, Tanner Engineering is committed to delivering innovative design solutions for their clients’ projects, while also fostering an employee-centric culture of collaboration, respect, and trust. With our core values being so perfectly aligned, this merger will allow us to enhance our capabilities with existing clients; identify new opportunities for our newly combined team of 370+ engineering professionals across the country; and further our commitment to sustainable growth.”
“We are thrilled to be welcoming the Tanner Engineering team to RTM, their specialized expertise in the California market is unmatched, and the culture they have built aligns greatly with our own. We can’t wait to see what the future holds as we merge our two organizations,” said RTM CEO, Tony Mirchandani.
Generational Equity Executive Managing Director of M&A – Western Region, Stephen Crisham and his team, led by Managing Director, M&A, Mike Meredith, with support from Senior Vice President, M&A Amy Wall closed the merger. Executive Managing Director, Rick Buchoz established the initial relationship with Tanner.
“Tanner Engineering’s expertise will merge well with RTM Engineering’s vast knowledge in the California market and beyond,” said Meredith.
About RTM Engineering Consultants
RTM Engineering Consultants, We are an engineering firm that goes beyond a typical consulting role. We become a partner to our clients by aligning with the goals, processes, and people at each organization. Since our inception in 1981, we have stood for a consistent offering by way of exceptional responsiveness.
About Generational Equity
Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, Generational Consulting Group, and DealForce are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.
With more than 350 professionals located throughout 16 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. The Generational suite of advisory services includes strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A services, wealth management and digital services.
Design, Engineering Tech
Globenewswire | August 22, 2023
urban-gro, Inc., an integrated professional services and design-build firm offering solutions to the Controlled Environment Agriculture (“CEA”) and commercial sectors, today announced that the Company was awarded a $1.5 million contract to provide architecture, interior design, and engineering services to a healthcare sector client in the southeastern United States. The Company anticipates that the majority of the revenue from this project will be recognized over the next four quarters.
Bradley Nattrass, Chairman and CEO, commented, “We continue to see our professional services offerings resonate across all of our target markets, including healthcare. This project is another example of our evolution into a professional services consulting company operating in multiple sectors.”
About urban-gro, Inc.
urban-gro, Inc.® is an integrated professional services and design-build firm. We offer value-added architectural, engineering, and construction management solutions to the Controlled Environment Agriculture (“CEA”), industrial, healthcare, and other commercial sectors. Innovation, collaboration, and creativity drive our team to provide exceptional customer experiences. With offices across North America and in Europe, we deliver Your Vision – Built. Learn more by visiting www.urban-gro.com.