TORONTO — IBI Group, a global design and technology firm, has completed the asset purchase of British Columbia-based Aspyr Engineering Ltd., including all intellectual property. IBI Group also welcomes the Aspyr staff as part of the acquisition. Founded in 2015, Aspyr is a leader in information communication technologies for smart buildings, communities, and cities. It has developed and deployed numerous award-winning solutions for health care, higher education, government, and corporate clients, including St. Paul’s Hospital, Emily Carr University, and IBM. The closing of the asset purchase supports the continued integration of technology with all of IBI Group’s services and solutions, in particular its buildings business, where technology is central to the user experience and core to the design process.
“This acquisition furthers our competitive edge in the market by providing us with expertise, senior resources, and enhanced capabilities in the areas of information communication technologies and smart buildings,” said Scott Stewart, CEO, IBI Group. “We have worked closely with Aspyr on a number of major P3 projects in Canada and have enjoyed a collaborative and productive relationship with the Aspyr team. I look forward to bringing them into the IBI family.”