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Home Business Inverness investment group acquires majority stake in modular construction firm

Inverness investment group acquires majority stake in modular construction firm

Ecosystems Technologies factory
Ecosystems Technologies factory

INVERNESS-based investment group, Envoy, has announced a majority investment in Ecosystems Technologies, an award-winning business which designs and manufactures timber-based modular buildings.

The deal marks Envoy’s 30th investment since its inception in 2019, and was announced at the group’s biennial Insights conference in Edinburgh.

Founded by Matt Stevenson and headquartered in Invergordon, Ecosystems Technologies was established to accelerate the transition to a carbon-negative built environment. The company produces modular buildings and boasts a 33-strong team focused on advancing technological innovation and environmental performance in construction.

Envoy founder and CEO Iain MacGregor said, “We are delighted to announce our investment in Ecosystems Technologies and to welcome Matt Stevenson and his team to the group. Matt is an industry leader in modular and low-carbon design. He has pioneered the use of natural, homegrown timber solutions that deliver carbon-neutral, energy-efficient building systems. His vision and passion for sustainable innovation are inspiring.  We are proud to support Ecosystems’ ambitions to create meaningful buildings, as well as positive environmental impact.”

Matt Stevenson added, “We’re beyond excited to be partnering with Envoy. From our initial conversations, their culture and approach to investment stood out. We have been enjoying a strong collaboration with RSE, one of Envoy’s portfolio of businesses, over the last few years. This direct partnership with Envoy unlocks new opportunities for Ecosystems, allowing us to collaborate with businesses across the wider group to further develop innovative solutions and accelerate our growth.

“At Ecosystems, our mission has always been to rethink how buildings are designed and delivered. With Envoy’s support, we can scale that impact faster, bringing more sustainable, high-quality building solutions to market and contribute to a built environment that works in harmony with nature.”