DESIGN

Unispace Acquires Global Experiential Design Firm Downstream

Unispace | October 07, 2021

Global workplace strategy, design and construction firm Unispace today announced its acquisition of Downstream, a global experiential design expert with an expansive portfolio of integrated digital and physical experiences in global tech hubs, flagship retailers, major sports venues and other destination spaces around the world. Blitzer, Clancy & Company advised Unispace in the acquisition of Downstream, and terms of the deal were not disclosed.

"Work is no longer just a place; the focus is experience. Downstream's team and approach enhance our ability to empower our clients with the most impactful environments for their most valuable asset: their people,This is our commitment to rising above the talk and to taking action."

-Steve Quick, Global CEO of Unispace

Downstream's employees will join Unispace's global team, adding expertise in branding and technical design of spaces. Headquartered in Portland, Oregon, with global offices in Amsterdam and Melbourne, the Downstream acquisition will also expand Unispace's physical presence, particularly on the U.S. West Coast. The firm is currently operating in 48 locations in 26 countries.

We have worked with Unispace for several years, and we're excited to integrate our teams to bring our shared expertise to this moment of opportunity: the reinvention of space as we know it," said Tim Canfield, CEO of Downstream. "Today's employees and customers want experiential and brand-focused environments that draw them in for collaboration, socialization and connection. Together, we can deliver that in a powerful way.

Our global growth strategy is focused on enhancing our ability to position clients to thrive in the new environment. This acquisition enables us to combine world-class experiential design expertise with our integrated approach to strategy, design and construction that gives our clients confidence in the quality and consistency of the spaces we create with them. Furthermore, Unispace and Downstream share values; both of our cultures inherently embrace change, with a commitment to innovation, DE&I, corporate citizenship, and genuine passion for the people-centered experiences we are creating," said Quick. "We believe this brings profound value for our clients and for the industry.

Since its founding in 2010, Unispace has delivered more than 5,500 workplace projects spanning 50 million square feet. Despite the tumult caused by the COVID-19 pandemic, Unispace had a very strong first half of 2021, propelling the business globally.

About Unispace
In 2010, Unispace revolutionized the workplace delivery model with an industry-leading, joined-up approach to strategy, design and delivery. Today, the business continues to meet the pace of change with an agile, end-to-end approach fit for ever-evolving global brands. Unispace creates workplaces powered by collaborative client partnerships, delivered seamlessly across borders, and enabled by industry-leading intelligence and technology.

About Downstream
With 20+ years of experience, Downstream is a community of visionary designers, technologists, content developers, account managers and production leads. Collectively, they are a company on the forefront of brand communication, reaching around the globe, building compelling brand experiences for some of the biggest and most dynamic companies in the world. With three global hubs in Portland, Amsterdam and Melbourne, Downstream harnesses the latest insights and challenges themselves to consistently seek out new technologies and methodologies to create the impossible.

Spotlight

Explore the past, present, and future of environmental engineering through this infographic. From the ancient Roman aqueducts to the renewable energy sources of tomorrow, engineering has the potential to help us meet some of the world's greatest challenges.


Other News
CONSTRUCTION

British tunnelling start-up hyperTunnel backed by VINCI

hyperTunnel | June 14, 2022

hyperTunnel, the British underground construction innovator, has received a financial investment from VINCI, a global leader in concessions, energy and construction businesses. The funds will be used for business expansion and to further develop and test hyperTunnel's revolutionary construction method in practical situations. The deal further strengthens hyperTunnel's connections with VINCI Construction technical departments. hyperTunnel recently joined VINCI's innovation platform Leonard as a member of its start-up accelerator programme, Catalyst. hyperTunnel also won the prestigious annual Construction Start-up Competition in Miami last year, which Leonard co-organises with other sector heavyweights such as Ferrovial and Cemex Ventures. "hyperTunnel's technology can be truly game-changing when it comes to improving the safety and sustainability of underground construction projects," said Guillaume Bazouin, Head of Start-up and Intrapreneurs programs at Leonard. "It strongly aligns with our goals of rapidly responding to the climate emergency by enabling technological advances that have a substantial environmental impact. hyperTunnel also boasts exceptional leadership and engineering teams, and we are looking to support their great success in the near future." VINCI and Leonard are real experts when it comes to construction innovation, so to get their backing in such a concrete and substantial way means we must be doing something right. They can see the huge potential of the technologies we're developing, and they share our passion for improving how the world works. We're excited to see what we can achieve together over the coming months." Jeremy Hammond,hyperTunnel co-founder Aquaa Partners acted as exclusive financial adviser to hyperTunnel on the transaction. Last week, the European Innovation Council (EIC), Europe's flagship innovation programme to identify, develop and scale up breakthrough technologies and game-changing innovations, selected hyperTunnel to receive funding of 1.88 million Euros under its EIC Accelerator scheme. The funding will be used to complete the development of hyperTunnel's advanced swarm robotics underground construction platform. About hyperTunnel hyperTunnel is a deep tech scale-up developing a revolutionary methodology for tunnels and underground schemes substantially faster, safer, more economically and more environmentally friendly than current techniques. hyperTunnel uses a unique combination of proven technologies from diverse industries – digital twins, robotics, 3D-printing and digital underground surveying, supported by AI and VR – to redefine possibilities in tunnel construction, enlargement, monitoring and repair. Founded in 2018, hyperTunnel employs 40 people located at its Basingstoke headquarters, and outdoor learning environment (the hOLE) and Geolab in the North Hampshire Downs. In 2021, hyperTunnel announced a contract with Network Rail. hyperTunnel has received a string of awards and funding of 1.88 m Euros from the European Innovation Council (EIC)'s EIC Accelerator scheme. hyperTunnel was recently picked by the government's Innovate UK agency to join its Global Business Innovation Programme. It won Startup of the Year at this year's Construction Technology Awards; was highlighted as a Top 50 Contech Startup and among 10 winners of the global Construction Startup Competition.

Read More

ENGINEERING TECH

AdvisorEngine® Announces Major Transformation of Junxure CRM

AdvisorEngine | January 20, 2022

AdvisorEngine®, the financial experience company and provider of client relationship management (CRM) and portfolio management technology, announced the transformation of Junxure CRM. This transformation delivers an entirely new technology foundation and enhanced productivity capabilities. Reflecting these advancements, the product is now called AdvisorEngine CRM “This is a key milestone moment for our clients and our team,We’ve gone through a true product transformation by developing a new technical architecture, designing an entirely reimagined user experience and adding important new capabilities to drive advisory firm growth and productivity.” -AdvisorEngine CEO Rich Cancro. All CRM clients have received access to the enhanced experience and will continue to benefit from best-in-industry support and training. Consistent with AdvisorEngine’s open-architecture approach to serving financial advisors, the upgraded CRM will continue to be offered as a standalone product, priced per user. AdvisorEngine CRM is built for investment advisory firms that provide high-end client service. A key differentiator is its powerful purpose-built functionality that can be used out-of-the-box or customized to meet a firm’s specific needs around data, process and user administration. You don’t need a cadre of consultants to be successful using AdvisorEngine CRM,” Cancro said. “Our highly configurable CRM platform is designed for easy adoption by various roles in an advisor’s practice including principals, operations and client support staff without incurring one-time and ongoing technology consulting fees. New features of AdvisorEngine CRM announced today include: Personalization. Powerful, easy-to-use configuration is available at both the individual user and firm levels. Simple to use, ‘drag-and-drop’ editing is among many capabilities that gives users the flexibility to organize their data experience, create workflows and support their client service segmentation strategy. Prospecting Tools. An easy online form builder turns website visitors into prospects. Web Forms can be created in a few simple steps without any coding expertise. Submissions are automatically captured by the CRM, saving time by eliminating manual data entry. Client Profile. The CRM’s most heavily used area has been fully reimagined to benefit light adopters and power users. Client information is surfaced in a clean, actionable format. Users save valuable time by using new direct editing capabilities that eliminate the need for multiple clicks into secondary screens. Activity Feed and Alerts. The feed delivers a new consolidated streaming view of important operational activities relevant to each user in real time. Enhanced reminders with expiration dates allow for automated cleanup of past tasks. Modern Technical Architecture and Design System. A reengineered software architecture improves system performance, so pages load up to 10x faster. It also allows AdvisorEngine developers to innovate and add new CRM features more rapidly. Updated navigation, pages, fonts and color schemes provide users a modern experience. Wealth management workflows are a standout capability for AdvisorEngine CRM. George Tamer, AdvisorEngine Head of Sales, has observed an increasing focus on building automated workflows during his regular strategic reviews with RIAs. “The modern advisory practice starts with the ability to organize your data and act on it. As firms grow, systematizing business processes through workflows becomes essential to ensuring consistent client care,” Tamer said. In 2018, the AdvisorEngine team embarked on a multi-year strategic initiative to modernize Junxure CRM. The first stage focused on infrastructure upgrades, including security and application hosting. The second stage brought deeper integrations with key existing third parties and added several new fintech and custodian integrations. The third stage is bringing the CRM in line with the company’s product ideals: personal, scientific and beautiful. “Today’s announcement reflects four years of hard work coming to fruition,The AdvisorEngine team has taken a deliberate, thoughtful approach to evolve the product. By working closely with our clients, we gathered and acted on thousands of points of feedback. -AdvisorEngine Chief Operating Officer Craig Ramsey. Since the product’s origins in 1999, Junxure CRM has always had a reputation for being advisor-centric, purpose-built software,” Ramsey continued. “It is rewarding to continue that strong legacy and infuse it with new innovation. We are proud to harness the best of Junxure and move it forward as AdvisorEngine CRM. About AdvisorEngine® AdvisorEngine powers financial advice that is personal, scientific, and beautiful. Its wealth management technology platform uses smart automation to modernize the advisor experience (AX), the business operations experience (BX), and the client experience (CX). Capabilities include CRM, prospect engagement tools, paperless client onboarding, account aggregation, goals-based financial planning tools, model portfolios tools, portfolio construction analytics, compliance tools, performance reporting, and fee billing.AdvisorEngine is a wholly owned subsidiary of Franklin Resources, Inc. [NYSE:BEN], a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries. Based in New York, NY, and Raleigh, NC, the AdvisorEngine team strives to fulfill six ideals through their work: camaraderie, clarity, curiosity, creativity, crushing it, and celebration. For more information, please visit advisorengine.com and follow us on LinkedIn, Twitter and Facebook. About Franklin Templeton Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company brings extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has 75 years of investment experience and over $1.5 trillion in assets under management as of December 31, 2021. For more information, please visit franklintempleton.com and follow us on LinkedIn, Twitter and Facebook.

Read More

MARKET

Kier Invests in Procore to Support Its Digital-first Ambitions

Kier | April 08, 2022

Procore Technologies, Inc., a leading global provider of construction management software, announced that Kier Group Plc, the major UK construction and infrastructure services company, has selected its enterprise-ready platform solution to enhance and standardise operations across its construction business and projects. This agreement will support Kier’s ambitions to be a digital-first business. As a leading regional builder in the UK, Kier Construction delivers some 200 projects each year for public sector and blue-chip clients. Kier has chosen Procore as its field and quality management solution to take its success to the next-level and operate in the most effective and collaborative way possible with all its stakeholders - from clients to subcontractors. Procore’s ease of use and range of integrations, alongside its ability to consolidate point solutions and create efficiencies for everyone on a single platform, will provide Kier with greater visibility across its projects - ensuring consistency, enhancing quality and supporting sustainable working practices. The high-level of transparency Kier will gain also allows the company’s data to be redelivered as intelligent insight which can drive improvements in everything from project progress, to supply chain developments as well as safety and performance. We have bold ambitions to revolutionise digital practices within the construction industry and our partnership with Procore is integral to supporting our aims as part of our project delivery. The platform is easy to use and provides consistency which is vital as we deliver on our purpose and provide high-quality projects for our customers,” states Louisa Finlay, director of clients & markets for Kier Construction. “Working smarter isn't just about using technology, it’s about amplifying a company’s mission and values. It’s a privilege to partner with Kier and support their social and environmental impact goals. By connecting the field to the office and all stakeholders, Procore’s enterprise-ready solution, built by and for the construction industry, is very proud to welcome Kier into our portfolio of customers in EMEA. The company is now one of our largest customers in-region.” -Brandon Oliveri-O’Connor, VP of EMEA at Procore About Procore Procore is a leading global provider of construction management software. Over 1 million projects and more than $1 trillion USD in construction volume have run on Procore's platform. Procore’s platform connects key project stakeholders to solutions Procore has built specifically for the construction industry—for the owner, the general contractor, and the specialty contractor. Procore's App Marketplace has a multitude of partner solutions that integrate seamlessly with Procore’s platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices around the globe. Learn more at https://www.procore.com/en-gb. About Kier Kier’s purpose is to sustainably deliver infrastructure which is vital to the UK. We are a leading provider of construction and infrastructure services and committed to delivering for communities and leaving lasting legacies through our work.At the core of our project delivery is technical excellence, utilising the latest building methods, innovations and technology to ensure we offer the best value for our clients.

Read More

DESIGN

Wilkus Architects Selects Unanet for ERP to Help Manage Growth

Wilkus Architects | January 27, 2022

Unanet, the leading provider of project-based ERP for the architecture, engineering and construction (AEC) industry, announced that Wilkus Architects, a leading architecture firm with projects throughout North America, has selected Unanet ERP AE to help it better manage invoicing, employee time, forecast staffing needs, and financial decisions. Wilkus Architects is a family-owned company founded in 1990 that specializes in retail, commercial, restaurant, and hospitality design and has quickly grown from approximately 30 to 50 employees over the last two years with more than 400 projects a year. This growth and a review of their current invoicing and projection systems exposed the need for a more streamlined, less cumbersome ERP system, especially for accounting, financial management, and forecasting of labor and projects. "We received excellent referrals for Unanet from engineering and architect firms that gave us confidence in Unanet's capabilities and customer service, As we continue to grow, we are excited about Unanet's ability to provide us with clear and smart business reporting and forecasting across a multitude of variables that we look at to help us forecast and scale effectively." -Lindsey Wilkus, Wilkus Architects' Chief Financial Officer. Once implemented, Unanet will give Wilkus Architects a variety of benefits it needs to succeed in growing its business including: Simplifying time and data entry Elimination of cumbersome and duplicative invoicing practices across the business and across projects in different states Specialized reporting and views of business volume by project, state and client. More than 1,800 architecture, engineering and construction companies like Wilkus Architects select Unanet ERP AE because it has the right mix of functionality and accessibility, while also offering the ability to scale and grow seamlessly. To learn more about Unanet ERP AE please visit https://unanet.com/erp-for-a-e/erp-for-a-e-overview/. About Unanet Unanet is a leading provider of project-based ERP and CRM solutions purpose-built for Government Contractors, architecture, engineering, construction, and professional services. More than 3,400 project-driven organizations depend on Unanet to turn their information into actionable insights, drive better decision-making, and accelerate business growth. All backed by a people-centered team invested in the success of your projects, people, and financials. For more information, visit www.unanet.com. About Wilkus Architects Wilkus Architects located in Hopkins, Minn. was established in 1990. The firm has completed projects in 49 states, Canada, and the Middle East. The firm specializes in retail, commercial, restaurant and hospitality design. The firm has experienced continuous growth and currently specializes in client interactive projects. As the firm has expanded, its formed relationships with other professionals, and developed expertise to address the myriad planning, design, and construction concerns faced by growing municipalities and corporations. We deliver comprehensive services through project teams created according to your specific needs as a client. In doing so, we offer the stability and state-of-the-art resources of a larger firm, plus the creative atmosphere and personal attention of a small office. http://www.wilkusarch.com.

Read More

Spotlight

Explore the past, present, and future of environmental engineering through this infographic. From the ancient Roman aqueducts to the renewable energy sources of tomorrow, engineering has the potential to help us meet some of the world's greatest challenges.

Resources