Investments
2Portfolio Exits
2Partners & Customers
10About Altus Group
Altus Group (TSE: AIF) operates in the global real estate industry, offering professional real estate advisory services, data solutions, and intelligence about an organization's assets, generating a wealth of knowledge and insight.
Altus Group Headquarter Location
33 Yonge Street Suite 500
Toronto, Ontario, M5E 1G4,
Canada
416-641-9500
Altus Group Web Traffic
Altus Group Rank
Latest Altus Group News
May 25, 2022
Author of the article: Article content Toronto, May 25, 2022 (GLOBE NEWSWIRE) — In April, the GTA new home market showed signs of slowing down from the exceptionally strong pace of the past year, the Building Industry and Land Development Association announced today. We apologize, but this video has failed to load. Try refreshing your browser, or GTA new home market slows down in April Back to video Total April new home sales of 3,645 units were down 29 per cent from April 2021 though still 6 per cent above the 10-year average, according to Altus Group*, BILD’s official source for new home market intelligence. Single-family homes, including detached, linked, and semi-detached houses and townhouses (excluding stacked townhouses), accounted for 571 units sold, down 47 per cent from last April and 54 per cent below the 10-year average. Advertisement 2 Article content Sales of new condominium apartments, including units in low, medium and high-rise buildings, stacked townhouses and loft units, with 3,074 units sold, were down 24 per cent from April 2021 but 40 per cent above the 10-year average. It was the 4th highest number of condominium apartment sales for April since Altus Group started tracking in 2000. “New condominium apartment sales are down from last year, but would have been viewed as robust in the pre-COVID world,” said Edward Jegg, Research Manager at Altus Analytics, Altus Group. “The headwinds of rising interest rates and soaring inflation are starting to act as a drag after an exceptional 16 months. Meanwhile, single-family sales continue to languish as affordability issues persist.” Advertisement 3 Article content The benchmark price for new single-family homes in April was $1,787,186, which was up 28.1 per cent over the last 12 months and the benchmark price for new condominium apartments was $1,189,134, which was up 12.3 per cent over the last 12 months. Due to a number of new project openings in April, total new home remaining inventory increased compared to the previous month, to 9,327 units, comprised of 7,936 condominium apartment units and 1,391 single family lots. “The unpredictability in construction costs, the supply chain disruptions and the strikes our industry is currently experiencing are expected to impact housing supply in the GTA in the coming months,” said Dave Wilkes, BILD President & CEO. “Combined with the factors affecting the larger economy, we are likely to see some volatility in the housing market in the months ahead.” Advertisement 4
Altus Group Investments
2 Investments
Altus Group has made 2 investments. Their latest investment was in Honest Buildings as part of their Series B - III on April 4, 2018.
Altus Group Investments Activity
Altus Group Portfolio Exits
2 Portfolio Exits
Altus Group has 2 portfolio exits. Their latest portfolio exit was Honest Buildings on July 16, 2019.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
7/16/2019 | Acquired | 4 | |||
Date | 7/16/2019 | |
---|---|---|
Exit | Acquired | |
Companies | ||
Valuation | ||
Acquirer | ||
Sources | 4 |
Altus Group Acquisitions
18 Acquisitions
Altus Group acquired 18 companies. Their latest acquisition was Rethink Solutions on May 04, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
5/4/2022 | Acquired | 2 | ||||
11/11/2021 | Series D | $128.2M | Acquired | 3 | ||
5/6/2021 | Acquired | 1 | ||||
3/10/2021 | Private Equity | |||||
7/2/2019 |
Date | 5/4/2022 | 11/11/2021 | 5/6/2021 | 3/10/2021 | 7/2/2019 |
---|---|---|---|---|---|
Investment Stage | Series D | Private Equity | |||
Companies | |||||
Valuation | |||||
Total Funding | $128.2M | ||||
Note | Acquired | Acquired | Acquired | ||
Sources | 2 | 3 | 1 |
Altus Group Partners & Customers
10 Partners and customers
Altus Group has 10 strategic partners and customers. Altus Group recently partnered with HITEC on October 10, 2021.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
10/21/2021 | Partner | United States | Jorge Blanco of Altus Group Named to HITEC’s Prestigious HITEC 100 List for 2022 As part of Altus Group Limited 's continued effort to promote and celebrate diverse talent throughout the organization , it is also pleased to announce a recent corporate partnership with HITEC . | 1 | |
3/16/2021 | Partner | United States | Altus Group Collaborates with Yardi to Launch ARGUS Connector for Yardi Voyager TORONTO , March 16 , 2021 -- Altus Group Limited , a leading provider of software , data solutions and independent advisory services to the global commercial real estate industry , and Yardi Systems , Inc. , a developer of industry-leading investment and property management software , collaborated to enable a seamless flow of data between Altus Group Limited 's cloud-enabled ARGUS Enterprise and Yardi through the launch of Altus Group Limited 's ARGUS Connector for Yardi . | 4 | |
2/22/2021 | Client | United States | With cloud-enabled ARGUS Enterprise , we can enhance collaboration , drive more efficient processes and bring greater transparency to our global business , '' said Mark Wynne-Smith , Global Head , JLL . | 3 | |
1/26/2021 | Client | ||||
1/26/2021 | Client |
Date | 10/21/2021 | 3/16/2021 | 2/22/2021 | 1/26/2021 | 1/26/2021 |
---|---|---|---|---|---|
Type | Partner | Partner | Client | Client | Client |
Business Partner | |||||
Country | United States | United States | United States | ||
News Snippet | Jorge Blanco of Altus Group Named to HITEC’s Prestigious HITEC 100 List for 2022 As part of Altus Group Limited 's continued effort to promote and celebrate diverse talent throughout the organization , it is also pleased to announce a recent corporate partnership with HITEC . | Altus Group Collaborates with Yardi to Launch ARGUS Connector for Yardi Voyager TORONTO , March 16 , 2021 -- Altus Group Limited , a leading provider of software , data solutions and independent advisory services to the global commercial real estate industry , and Yardi Systems , Inc. , a developer of industry-leading investment and property management software , collaborated to enable a seamless flow of data between Altus Group Limited 's cloud-enabled ARGUS Enterprise and Yardi through the launch of Altus Group Limited 's ARGUS Connector for Yardi . | With cloud-enabled ARGUS Enterprise , we can enhance collaboration , drive more efficient processes and bring greater transparency to our global business , '' said Mark Wynne-Smith , Global Head , JLL . | ||
Sources | 1 | 4 | 3 |
Altus Group Team
9 Team Members
Altus Group has 9 team members, including current Chief Executive Officer, Mike J. Gordon.
Name | Work History | Title | Status |
---|---|---|---|
Mike J. Gordon | Callcredit Information Group, FICO, and Capgemini | Chief Executive Officer | Current |
Peter Backwell | Chief Financial Officer | Current | |
Guillaume Fiastre | Senior Vice President, Managing Director | Current | |
Robert Courteau | SAP, Electronic Data Systems, and Xerox | Chief Executive Officer | Former |
Yves de Laroche | Chief Operating Officer | Former |
Name | Mike J. Gordon | Peter Backwell | Guillaume Fiastre | Robert Courteau | Yves de Laroche |
---|---|---|---|---|---|
Work History | Callcredit Information Group, FICO, and Capgemini | SAP, Electronic Data Systems, and Xerox | |||
Title | Chief Executive Officer | Chief Financial Officer | Senior Vice President, Managing Director | Chief Executive Officer | Chief Operating Officer |
Status | Current | Current | Current | Former | Former |
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