This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
This Website Uses Cookies
By closing this message or continuing to use our site, you agree to our cookie policy. Learn More
This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
ACHRNews logo
search
cart
facebook twitter linkedin youtube
  • Sign In
  • Subscribe
  • Sign Out
  • My Account
ACHRNews logo
  • Magazine
    • Subscribe
    • Current Issue
    • Digital Edition
    • Archives
    • The NEWS eNewsletter
  • News
    • Breaking News
    • Newsline
    • FYI
    • Distribution Trends
    • Standards & Legislation
    • Manufacturer Reports
  • Products
    • HVACR Industry Store
    • Top 20 Products of 2018
    • Interactive Product Spotlights
  • Multimedia
    • Videos
    • AHR 2019 Videos
    • Podcasts
    • Infographic
    • Photo Galleries
    • Webinars
    • eBooks
    • The NEWS HVACR Quiz
    • Online Poll
  • Refrigeration
    • Refrigerants
    • Refrigerant Regulations
    • Reclaim
    • FROSTlines
  • Service
    • Testing, Monitoring, Tools
    • Duct Dynasty
    • Service 101
    • Components & Accessories
  • Business 101
    • Training & Education
    • Service, Apps & Software
    • Opinions
    • Guest Column
    • The Coach's Blog
  • Residential
    • Home Automation
    • Residential Ductless
    • Residential Geothermal
    • Residential IAQ
    • Residential Cooling Showcase
    • Residential Heating Showcase
  • Commercial
    • Internet of Things
    • Commercial Ductless
    • Commercial Geothermal
    • Commercial IAQ
    • Commercial Cooling Showcase
    • Commercial Heating Showcase
    • Marijuana Market
  • Directory
    • Manufacturers
    • Wholesalers
    • Consultants/Services
    • Manufacturers Reps
    • Associations
    • Parts & Equipment Exporters
    • List/Update Your Company
  • More
    • Editorial Calendar & Editor Assignments
    • Calendar of Events
    • Classifieds
    • Custom Content & Marketing Services
    • Continuing Education
    • Market Research
    • Sponsor Insights
    • eProduct Info
    • White Papers
    • Contests
  • Contact
    • Advertise
    • Submit a Letter
Home » Watsco Completes Acquisition of Alert Labs Inc.
HVAC Breaking News News

Watsco Completes Acquisition of Alert Labs Inc.

Breaking News
October 10, 2018
KEYWORDS hvac industry news / hvac news briefs
Reprints
No Comments

COCONUT GROVE, Fla. — Watsco Inc. announced the acquisition of Alert Labs Inc., a technology company founded in 2015 and based in Kitchener, Ontario, Canada. Terms of the acquisition were not disclosed.

Alert Labs develops, designs, and builds IoT hardware and software, including cloud-based and mobile solutions aimed at protecting homes and businesses from damage and unnecessary expenses. Alert Labs will continue to develop and sell its current product portfolio led by its founders.

Alert Labs has also furthered the development and commercialization of Sentree, an IoT device invented by Watsco Ventures, a technology team based in Watsco’s Coconut Grove, Florida headquarters. Sentree attaches to an existing HVAC system and, through a proprietary cloud-based software platform, remotely measures, collects and analyzes vital performance analytics. Contractors are notified when an operating anomaly is detected or when maintenance may be required to alleviate risk of critical failure. In addition to providing data about the health of a system, this connectivity and datastream offer longevity and value to a contractor’s relationship with homeowners.

“This partnership brings together Alert Labs' technical experts in commercial IoT technology with Watsco's channel of HVAC contractors,” said George Tsintzouras, co-founder and CEP of Alert Labs. “Our easy-to-install technology expands Watsco’s product offerings and establishes a strong position in the smart-home space. Our vision has always been to help homeowners reduce wasted costs and avoid property damage by giving them valuable, real-time information about what is costing them money in their homes. This partnership with Watsco advances our vision into reality.”

“Alert Labs is an exceptional team of innovators, with an entrepreneurial culture that is consistent and complementary to ours,” said A.J. Nahmad, president of Watsco. “This acquisition represents the next phase of investing in ground-breaking technologies intended to deliver unique solutions and opportunities to our customers. We look forward to partnering with their talented team.”

Publication date: 10/10/18

Want more HVAC industry news and information? Join The NEWS on Facebook, Twitter, and LinkedIn today!

Subscribe to The NEWS

Related Articles

Watsco Completes Carrier's Canadian Distribution Acquisition

United Supply Company Completes Acquisition of Nutley Heating and Cooling Supply Company Inc.

Alert Labs Inc.: A/C Monitor

Aug. 12, 2013: EMCOR Group Completes Acquisition of RepconStrickland

Related Products

HVAC Equations, Data, and Rules of Thumb, Third Edition

Principles of Heating, Ventilation, and Air Conditioning in Buildings, 1st Edition

DEWALT HVAC/R Professional Reference Master Edition

HVACR Technician Training DVD/Video Library Bundle

Related Directories

Alert Labs

Alert Labs

Master Ventilation Products Inc.

You must login or register in order to post a comment.

Report Abusive Comment

Subscription Center
  • Subscribe
  • Renew
  • Create Account
  • Change My Address
  • Pay My Bill
  • Free eNewsletters
  • About News Network
  • Customer Care

More Videos

Sponsored Content What Is Sponsored Content

Sponsored Content is a special paid section where industry companies provide high quality, objective, non-commercial content around topics of interest to the ACHR News audience. All Sponsored Content is supplied by the advertising company. Interested in participating in our Sponsored Content section? Contact your local rep.

Close
Trane-indoor-air-quality-product-01
Sponsored By
Trane Residential

Protecting Your Customers’ Indoor Air Quality Is More Important Than Ever

From seasonal maintenance to a system upgrade, your business is actually centered around providing the best indoor air experience, with quality at the core.

Popular Stories

R-22 Phaseout

Using (or Abusing) the R-22 Phaseout as a Sales Tool

Senate HFC Phasedown Bill

Senate HFC Phasedown Plan Debuts With Broad Support

Goodman employees work to manufacture highend equipment.

The HVAC Contractor’s Guide to High-End Trends Coming in 2020

Manufacturers Meet Demand for More Intelligent Building Controls

Manufacturers Meet Demand for More Intelligent Building Controls

Breaking News - The ACHR News

Ingersoll Rand Introduces Future Climate Company, Trane Technologies

The ACHR News Airpod Giveaway

Events

September 16, 2020

2020 World Congress for Solar Cooling

IASC seeks submissions that represent the best contemporary and innovative technology and thinking about Solar Cooling from a global and diverse range of designers, consultants, practitioners, engineers, architects, educators, thought-leaders, students and other professionals concerned with cooling, people, buildings and energy.
December 30, 2030

Webinar Sponsorship Information

For webinar sponsorship information, visit www.bnpevents.com/webinars or email webinars@bnpmedia.com.

View All Submit An Event

Poll

Holiday Appreciation

What is your preferred way to show employees your appreciation during the holiday season?
View Results Poll Archive

Products

"More & New" HVAC Spells Wealth - book

"More & New" HVAC Spells Wealth - book

See More Products
The NEWS - ACHR - Logo The NEWS - ACHR - Digital Edition
Digital Edition

ACHRNEWS

The ACHR News - December 2, 2019

2019 December 2

Week 1: December 2
In this issue of The ACHR NEWS, we look at unique applications of HVAC technology, and new markets contractors should consider expanding into.

Week 2: December 9
We also examine Variable Refrigerant Flow (VRF) technology, and the benefits that contractors can pass along to their customers through the equipment.

View More Subscribe
  • Resources
    • Submit a Letter
    • Submit a Press Release
    • Mechanical Group
    • List Rental
    • Ad Specs
    • Reprints
    • eProduct Info
    • Survey And Sample
    • Privacy Policy
  • Want More?
    • Subscribe
    • Connect
  • Subscribe
    • Subscribe
    • Renew
    • Create Account
    • Change Address
    • Pay My Bill
    • Free eNewsletters
    • Customer Care

Copyright ©2019. All Rights Reserved BNP Media.

Design, CMS, Hosting & Web Development :: ePublishing