Verdant Environmental Technologies Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Verdant Environmental Technologies Inc. - overview

Established

2008

Location

-, QC, Canada

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

About

Verdant Environmental Technologies Inc. specializes in smart HVAC energy management systems that enhance energy efficiency in commercial and residential sectors, promoting sustainable energy consumption through advanced technology solutions. Verdant Environmental Technologies Inc. was founded in 2008 in Canada, focusing on HVAC energy management systems.


The company has not undergone significant pivots in its business strategy. In March 2020, Verdant was acquired by Emerson, with undisclosed financial terms. The founder's history and previous ventures are not publicly detailed. The company has completed three deals to date, with the most recent being in March 2020.


Verdant specializes in smart HVAC energy management systems designed to optimize energy usage in commercial and residential buildings. Their core offerings leverage advanced technology to monitor and control heating, ventilation, and air conditioning systems, ensuring efficient energy consumption while maintaining comfortable indoor environments. The systems are equipped with features such as real-time energy monitoring, predictive analytics, and automated controls, which collectively address the growing need for sustainable energy solutions. Verdant's products cater to a diverse clientele, including property management firms, commercial real estate developers, and individual homeowners, predominantly serving markets in North America and Europe.


By enhancing energy efficiency and reducing operational costs, Verdant's solutions are positioned to meet the challenges of modern energy demands in various geographic regions. Verdant's revenue model is primarily based on a subscription service for its HVAC energy management systems, allowing clients to access ongoing support and software updates. Transactions are structured as long-term partnerships between Verdant and its clients, often involving initial setup fees followed by recurring monthly or annual charges for continued service. Key products, including their flagship HVAC management system, are marketed through direct-to-consumer channels as well as B2B partnerships with commercial entities.


The pricing structure accommodates a range of clients, from small businesses to large enterprises, ensuring that pricing tiers reflect the scale and complexity of the HVAC systems deployed. This comprehensive approach not only provides clients with immediate value but also establishes a continual revenue stream for Verdant through their subscription-based services. Following its acquisition by Emerson in March 2020, Verdant is positioned to leverage Emerson's resources for future growth. The company aims to expand its product line by developing new HVAC energy management solutions, although specific release dates are not mentioned.


Verdant is also targeting expansion into new geographic regions, particularly within North America and Europe, to enhance its market reach. The recent acquisition will support these growth initiatives, although specific details on how the funding will be utilized have not been disclosed.


Primary Industry

Heating, Cooling & Ventilation Equipment and Services

Sub Industries

Heating, Cooling & Ventilation Equipment and Services

Website

www.verdant.co

Verticals

Manufacturing, Mobile Apps

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Verdant Environmental Technologies Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedVerdant Environmental Technologies Inc.-
Private DebtCompletedVerdant Environmental Technologies Inc.-
BuyoutCompletedVerdant Environmental Technologies Inc.-

Displaying 1 - 3 of 3

Verdant Environmental Technologies Inc. - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.