Anchor invests in wtec

Buildings account for over 40% of CO2 emissions and for 28 % of energy use globally  (source: OECD). Yet, the existing stock of buildings is neither particularly energy efficient, nor particularly smart in how they allocate and use space. This will change in the years ahead, driven by “work from home” shifting the use and allocation of office space, regulatory change requiring more energy efficient buildings, and of course rising energy costs.  However, as has been proven time and again, it is not enough to invest in “passive” solutions to energy efficiency. Rather, the future lies with buildings that are smart and deliver a host of benefits to their owners and users delivering healthier more flexible and secure buildings at lower cost.

Anchor is happy to announce an investment in wtec, a market leader and hidden gem in smart building solutions, delivering both a market leading smart-lighting solution and digital solutions to enable more flexible and energy efficient use of space. The company is poised at the cusp of global expansion and Anchor Group is looking forward to joining current investors Zech Group, Trilux and Bitstone Capital in helping the company expand globally and to scale into an integrated smart building technology group.