Real Estate Sustainability Platform Deepki Buys Evora and Metry

The minute

• Deepki acquired UK-based sustainability consultancy Evora Global and its energy data subsidiary Metry
• The deal combines Evora’s advisory services and SIERA software with Deepki’s AI-powered sustainability data platform
• The combined offering targets portfolio optimization and transaction due diligence for real estate professionals
• This is Deepki’s fifth acquisition to date, following recently announced deals for electrification-focused AI startup Camion and energy management company Sobre Energie

Why it matters: Real estate sustainability has split into two separate jobs that rarely talk to each other, consultants who tell a building owner what to do and software that collects the energy data to prove it happened, and this acquisition is a bet that combining both under one roof is worth more than either alone. Real estate is one of the few sectors where a single acquisition like this can shift industry practice quickly, because building owners often use the same platform across an entire portfolio rather than switching tools building by building.

What Deepki Is Actually Buying

Evora Global was founded in 2011 in the UK and has built its business around sustainability consulting and software for real estate and real assets. Its services span strategy, climate risk assessment, sustainable finance, and sustainability reporting. The firm also developed SIERA, a proprietary sustainability data management platform that clients use to track and report on building-level performance across portfolios.

Evora itself acquired Metry in 2024. Metry is an environmental data collection platform that connects to utility grids and meters, giving building owners automated access to energy consumption data without manual readings. Before Metry, Evora’s consulting work depended on data that clients gathered themselves (often inconsistently). After the Metry acquisition, Evora could pair its advisory arm with a live data feed. Deepki is now absorbing both layers at once.

Deepki’s Broader Acquisition Pattern

This deal is not isolated. Deepki has made five acquisitions in total, and the recent ones reveal a deliberate pattern. Camion, announced earlier, focuses on AI for real estate electrification, helping building owners plan the transition from gas to electric systems. Sobre Energie provides energy management and efficiency services. Combined with Evora’s consulting expertise and Metry’s metering infrastructure, Deepki is assembling a stack that covers data collection, energy optimization, electrification planning, and strategic advisory in a single platform.

The logic is vertical integration. Rather than partnering with separate vendors for each capability, Deepki wants to own every step from raw meter data to boardroom recommendation.

How the Combined Platform Works in Practice

For a portfolio manager evaluating a new acquisition or preparing an annual sustainability report, the workflow after integration will look roughly like this:

1. Automated data ingestion. Metry’s technology connects to utility meters and grid sources across the portfolio, pulling energy consumption data without manual entry. This becomes part of Deepki’s data infrastructure.
2. Platform analysis. Deepki’s AI engine processes the incoming data, flags anomalies, benchmarks each asset against peers, and identifies where energy spend or carbon intensity is out of line.
3. Advisory layer. Evora’s consulting team, operating under a co-sold model alongside Deepki, interprets the platform output and advises on strategy. This includes transaction due diligence (telling a buyer what a building’s sustainability risk actually looks like before closing), asset-level improvement plans, and sustainable finance structuring.
4. Reporting and compliance. SIERA, now integrated into Deepki’s platform, generates the sustainability reports that investors and regulators require, drawing from the same data pipeline rather than a separate system.

The key change is that steps one through four now share a single data layer. Previously, a consultancy might request a spreadsheet from the building manager, run its own analysis, and deliver a PDF. The data behind that PDF lived nowhere the client’s software could reach.

What This Means for Brazil

Brazilian real estate faces the same fragmentation between consulting advice and operational data, often made worse by the fact that utility data formats and availability vary across states and concessionaires. Portfolio owners with assets in multiple Brazilian cities frequently deal with inconsistent energy records, making consolidated sustainability reporting difficult.

Platforms like Deepki that automate meter-level data collection could reduce that friction, but only if they integrate with local utility infrastructure. For Brazilian operators watching this deal, the practical question is whether Deepki’s expanded platform will extend its grid connectivity to Latin American markets or remain focused on Europe. The acquisition does not answer that question yet, but it does set a precedent: the global direction in real estate sustainability tooling is toward unified platforms that own both the data pipeline and the advisory layer. Brazilian firms relying on fragmented local solutions may eventually face pressure to adopt (or build) something equivalent.

The Common Mistake

The most frequent error building owners make in sustainability management is treating data collection and strategic action as sequential tasks. First you gather a year of energy data, then you hire a consultant to interpret it, then you act. By the time the consultant delivers recommendations, the data is months old, market conditions have shifted, and the window for certain financing structures may have closed.

Deepki’s bet is that running data collection and advisory in parallel, on the same platform, compresses that cycle. Whether the integration delivers on that promise depends on execution, but the structural problem it targets is real and widely recognized in the industry.

What Remains Unresolved

Integration risk is the obvious concern. Merging three distinct technology stacks (Deepki’s core platform, SIERA, and Metry’s metering infrastructure) into a coherent product is not trivial. Evora’s consulting team will operate under a co-sold model, which means Evora clients gain access to Deepki’s platform, but the reverse (Deepki’s existing clients adopting Evora’s advisory services) depends on pricing and perceived value that have not been disclosed.

There is also a regulatory question. Real estate sustainability reporting requirements differ across jurisdictions. A platform built primarily for European disclosure frameworks may need significant adaptation to serve markets with different standards. Deepki has not detailed how it plans to handle regulatory divergence across its now-larger client base.

Finally, concentration risk matters for clients. When one vendor controls your data collection, your analytics, and your consulting advice, switching costs rise sharply. Building owners evaluating the combined Deepki offering should consider what portability guarantees exist for their data if they ever need to move to a different provider.

via ESG Today