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Add-on acquisition · Closed Jun 2019

Trane Residential HVAC acquires EcoFactor's cloud energy-intelligence technology

Relationship map

Relationship map for Trane Residential HVAC acquires EcoFactor's cloud energy-intelligence technologyparent ofIngersoll Rand: PlatformIRIngersoll RandEcoFactor Inc.: Operating CompanyEIEcoFactor Inc.
Operating CompanyPlatform

Parties
Acquirer
Ingersoll Rand
Platform
Target
EcoFactor Inc.
Operating Company

Market signals

Summary

Trane's Residential HVAC business (a unit of Ingersoll Rand) acquired EcoFactor's cloud-based energy intelligence software to power its Nexia smart-home platform.