ILC ARTICLE

CoreLogic UK announces Parity Projects acquisition


CoreLogic UK has completed the acquisition of Parity Projects, which uses data science, proprietary software and analysis to help clients develop cost-effective retrofit programmes.

The acquisition, which extends an existing strategic partnership, supports CoreLogic UK’s ambition of minimising the environmental impact of building projects while at the same time enhancing the retrofit services it is able to offer.

It will focus on providing the ability to identify, assess and model properties that are suitable for retrofit measures.

Jim Driver, Managing Director at CoreLogic UK, said: “This presents a fantastic opportunity for us to expand our offerings in the retrofit market, allowing our customers to more effectively identify properties for retrofit measure upgrades. Having collaborated with Parity Projects for a number of years, this acquisition is a logical step forward and closely aligns with our objectives. We look forward to what this new venture will bring.”

Russell Smith, Managing Director at Parity Projects, added: “There has always been a strong synergy between our two organisations given the complementary software platforms that are already integrated to some extent, and the aligned markets that we operate in. The Parity team and I are particularly excited about the opportunity to accelerate our development plans in several areas and achieve the major impact on the environment and householders lives that we have been striving towards for almost 20 years.”

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