RDJ advised learnd, a leading provider of building energy management solutions on its acquisition of Ashdown Control Group. The acquisition is a strategic move for learnd as it aims to expand its presence in the European market and consolidate the building management systems industry.
Learnd SE is a Luxembourg-based Building Management Systems (BMS) provider trading on the German stock exchange under Learnd SE. Founded in January 2023, the company offers energy management solutions to reduce energy costs and carbon emissions from non-residential buildings.
Ashdown Controls Group is a Dublin-based Building Energy Management Systems provider, serving a range of sectors in the construction industry across the UK and Ireland.
The RDJ transaction team was led by Sean O'Reilly (Corporate and Commercial) and included Liam O'Keeffe and Arabella Carr (Corporate and Commercial), Mark Barrett and Mark Ludlow (Tax), Antoinette Vahey (Employment), Aisling O'Donovan and Brendan Cunningham (Finance), Ricky Kelly and Elena Vassileva (Data Protection), Martin O'Callaghan (Real Estate) and Lisa Mannion (Litigation).
Learn more about our Mergers and Acquisitions team here.