In a definitive move to consolidate its leadership in the global environmental, social, and governance (ESG) data market, Deepki, the leading European provider of ESG data solutions for the real estate sector, has announced the successful acquisition of the prominent UK-based sustainability consultancy Evora Global and its specialized data collection subsidiary, Metry. This multi-layered transaction represents a significant milestone in the prop-tech and climate-tech industries, signaling a shift toward integrated, end-to-end solutions that combine high-level strategic advisory with automated, granular data intelligence.
The acquisition is Deepki’s fifth major deal in recent years, underscoring an aggressive expansion strategy fueled by the urgent global necessity to decarbonize the built environment. By absorbing Evora Global’s deep domain expertise and Metry’s robust technological infrastructure for utility data harvesting, Deepki is positioning itself as the primary "co-pilot" for institutional investors, REITs, and asset managers navigating the increasingly complex landscape of international climate regulations and net-zero commitments.
A Strategic Integration of Advisory and Automation
The real estate sector currently faces a dual challenge: the need for precise, verifiable data to satisfy regulatory requirements and the need for expert guidance to translate that data into physical asset improvements. The merger of Deepki, Evora, and Metry addresses both sides of this equation.
Founded in 2011, Evora Global has established itself as a premier consultancy for real assets, helping clients manage sustainability risks and enhance the long-term value of their portfolios. Their proprietary software, SIERA, has long been a staple for asset managers requiring a centralized hub for sustainability reporting and climate risk assessment. By integrating SIERA into the Deepki platform, the combined entity will offer a unified interface that covers the entire investment lifecycle—from capital raising and due diligence to operational management and eventual exit.
Metry, which was acquired by Evora in early 2024, brings a critical piece of the puzzle: automated data collection. One of the greatest hurdles in real estate ESG is the "data gap"—the difficulty of obtaining accurate energy, water, and waste consumption data from thousands of individual meters and utility providers. Metry’s technology automates this process, providing a "digital pipe" that feeds real-time consumption data directly into management platforms.
The Chronology of Deepki’s Expansion
The acquisition of Evora and Metry is not an isolated event but the latest chapter in a carefully orchestrated growth plan. Deepki’s trajectory has been marked by several key milestones that have expanded its geographic footprint and technological capabilities:
- Series C Funding (2022): Deepki raised €150 million in a funding round led by One Peak and Highland Europe. This capital injection was specifically earmarked for international expansion and strategic acquisitions.
- Acquisition of Sobre Energie: Deepki acquired the French energy management specialist to bolster its domestic market share and enhance its energy efficiency service offerings.
- Acquisition of Camion (2024): The purchase of Camion, an AI-driven startup focused on real estate electrification, allowed Deepki to offer predictive modeling for electric vehicle (EV) charging infrastructure and heat pump transitions.
- Acquisition of Evora Global and Metry (August 2026): This latest deal represents Deepki’s most significant move into the UK and Nordic markets, while also integrating top-tier strategic consulting into its SaaS-heavy business model.
This timeline illustrates a shift from being a pure software-as-a-service (SaaS) provider to becoming a comprehensive ESG "partner" that offers both the tools and the human intelligence required for large-scale portfolio transformation.
Deepening the Data Infrastructure
The integration of Metry into Deepki’s infrastructure is particularly significant for the "S" and "G" of ESG, but primarily for the "E." Accurate environmental reporting is impossible without "primary data"—data sourced directly from meters rather than estimated based on square footage.
In the current regulatory environment, "estimated data" is no longer sufficient for high-level compliance. Under the European Union’s Sustainable Finance Disclosure Regulation (SFDR) and the Corporate Sustainability Reporting Directive (CSRD), financial institutions must report on the actual carbon footprint of their underlying assets. Metry’s ability to interface with thousands of utility companies across Europe provides Deepki’s clients with a level of accuracy that is essential for avoiding "greenwashing" accusations and potential legal liabilities.
Vincent Bryant, CEO and Co-founder of Deepki, emphasized that this acquisition is about providing "clarity" in a volatile market. He noted that by pairing Metry’s automated data engine with Evora’s investment advisory, Deepki can now empower real estate leaders to optimize energy strategies and unlock measurable value throughout the asset hold period.
Official Responses and Leadership Vision
The leadership teams of both organizations have expressed a shared vision of a more transparent and efficient real estate market. Paul Sutcliffe and Ed Gabbitas, the co-founders of Evora Global, noted that joining forces with Deepki allows them to deliver "unprecedented speed" to their global clients.
"By uniting top consulting talent with the market-leading AI-driven sustainability platform, we are equipping the real estate industry with the exact tools and expertise they need to navigate complex transitions with absolute confidence," the co-founders stated.
Following the close of the transaction, Evora’s consulting team will continue to operate, but under a "co-sold" model. This means that existing Evora clients will gain immediate access to Deepki’s advanced AI capabilities, while Deepki’s clients can tap into Evora’s high-level strategic advisory services. This hybrid approach recognizes that while software can identify problems, human expertise is often required to implement the solutions on-site.
Broader Market Implications: The Decarbonization Imperative
The context of this acquisition is a global real estate market under immense pressure. The built environment is responsible for approximately 40% of global carbon emissions. As the 2030 interim climate targets approach, institutional investors are increasingly wary of "stranded assets"—buildings that are too carbon-intensive to meet future regulatory standards or tenant demands.
The acquisition of Evora and Metry by Deepki reflects a broader trend of consolidation in the ESG technology space. As the market matures, niche players are being absorbed by larger platforms that can offer a "one-stop-shop" for all sustainability needs. For asset managers, this consolidation is generally welcomed, as it reduces the "vendor fatigue" associated with managing multiple disparate data platforms.
Supporting Data and Financial Context
- Market Growth: The global ESG reporting software market is projected to grow at a CAGR of over 15% through 2030, driven by mandatory disclosure laws in the EU, UK, and North America.
- Asset Value: Recent studies have shown a "green premium" in the real estate market, where buildings with high energy efficiency ratings command 5% to 10% higher rents and significantly higher resale values compared to non-certified buildings.
- Operational Savings: Automated data collection, such as that provided by Metry, can reduce the administrative burden of ESG reporting by up to 80%, allowing facility managers to focus on actual energy reduction measures rather than manual data entry.
Impact on Stakeholders
The implications of this acquisition extend to various stakeholders within the real estate ecosystem:
- For Asset Managers: The merger provides a more robust toolset for due diligence. When acquiring a new property, managers can use Deepki’s integrated platform to instantly assess the asset’s energy performance, regulatory compliance status, and the capital expenditure (CapEx) required to reach net-zero.
- For Tenants: As buildings become more data-driven, tenants benefit from better indoor air quality, lower utility costs, and more transparent reporting on the environmental impact of their workspaces.
- For Regulators: The move toward automated, meter-based data collection provides a higher level of "auditability." This makes it easier for regulatory bodies to verify that companies are meeting their legal obligations under climate laws.
Analysis: The Shift from Reporting to Action
For years, the real estate ESG sector was focused primarily on "reporting"—simply checking boxes to satisfy investors. However, as evidenced by Deepki’s recent acquisitions, the focus has shifted to "actionable intelligence."
The inclusion of Camion (electrification AI) and now Metry (automated data) suggests that Deepki is moving toward a predictive model. Instead of just telling a client how much energy they used last year, the platform can now suggest where to install heat pumps, how to optimize EV charging loads, and when to buy energy from the grid to minimize both cost and carbon intensity.
By acquiring Evora Global, Deepki also gains a foothold in the "strategic" layer of the industry. This is crucial because real estate decarbonization often requires complex financial engineering and a deep understanding of local building codes and tenant laws—areas where human consultants still hold a significant advantage over AI.
Conclusion and Future Outlook
The acquisition of Evora Global and Metry by Deepki is a landmark event that signifies the maturation of the real estate sustainability sector. It marks the end of the era of fragmented data and manual spreadsheets, ushering in a new period of integrated, automated, and expert-led ESG management.
As Deepki continues to integrate these new entities, the industry will be watching closely to see how the "co-sold" model of software and consulting performs. If successful, it could become the blueprint for how climate-tech companies scale in other sectors, such as manufacturing or logistics.
For now, the message to the real estate world is clear: the path to net-zero is no longer a matter of guesswork. With the combination of Deepki’s AI, Metry’s data, and Evora’s expertise, the tools are now in place to transform the global property portfolio into a more sustainable, transparent, and valuable asset class. The "green transition" of real estate has moved beyond the boardroom and into the very infrastructure of the buildings themselves.
