Thrive Buildings Launches as Independent Company to Drive the Future of Smart, Sustainable, and Compliant Facilities

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Dan Diehl

NORWOOD, Mass.— Thrive Buildings, a new provider of turnkey managed services solutions, today announced its official launch as an independent company, marking a significant step in its mission to help organizations modernize, optimize, and decarbonize their critical facilities.

The company’s formation sets the stage for rapid expansion over the next decade as it delivers integrated solutions to reduce energy costs, embed sustainable technologies, and improve health, safety, and compliance outcomes.

The launch represents a spinout from Aircuity, a leader in indoor environmental quality (IEQ) technology. Several Aircuity team members have transitioned to Thrive Buildings, ensuring continuity of expertise and service excellence. Dan Diehl, formerly CEO of Aircuity, has been named Chief Executive Officer of Thrive Buildings, where he will lead the company’s strategy, growth, and operations. Diehl will also continue to advise Aircuity as it prepares to appoint a new Chief Product Officer/Chief Technology Officer.

“Thrive Buildings was created to help our customers meet the changing demands of research facilities,” said Dan Diehl, CEO of Thrive Buildings. “Offering turnkey solutions with an innovative and shared-risk model makes large-scale programmatic efficiency achievable. I have never seen a more important or urgent time to optimize these critical assets — and to do this in a win-win-win approach makes success for all constituents achievable.”

A Turnkey Approach to Critical Facility Optimization

Thrive Buildings was founded to remove the friction that often prevents organizations from fully optimizing their facilities. With more than a decade of experience and data showing that fewer than 10% of existing mission-critical facilities have reached optimal efficiency, Thrive’s mission is to make high-performance building operations simple, measurable, and rapid in ROI.

The company’s services span multiple areas, including energy optimization, facility modernization, compliance management, and sustainability integration. Thrive is seeing strong demand in markets such as higher education, research, healthcare, and advanced manufacturing, where institutions are under growing pressure to reduce operating costs while maintaining safety and regulatory compliance.

Growth Fueled by Market Forces and Innovation

Thrive’s launch comes amid several compounding market pressures — including an aging power grid (with electricity costs up 267% in areas near AI data centers), reductions in facilities and administrative recoverable costs for research institutions, and an accelerating need for energy resiliency and operational efficiency.

Although Thrive’s foundation predates recent higher education funding cuts, the company is uniquely positioned to help universities and research organizations meet mandated cost reductions while continuing to deliver safe, compliant environments.

Technology-Agnostic, Data-Driven, and Future-Ready

Thrive Buildings operates with a technology-agnostic approach, guided by its belief in the power of an Independent Data Layer (IDL) — a framework for integrating and optimizing data across building systems and technologies. Through its ThriveIQ platform, the company provides continuous insight and sustaining services that drive long-term performance improvement.

While Aircuity will continue to operate independently with its own global network of partners, Thrive will collaborate closely with Aircuity and other best-in-class technology providers to deliver a scalable, international footprint for clients seeking comprehensive solutions in the built environment.

With its roots in innovation and deep experience in managing complex facilities, Thrive Buildings is setting a new standard for how institutions modernize, manage, and sustain the places where people learn, heal, and innovate.

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