Ontario Water News

Alert Labs Acquired by Florida-Based HVAC Distributor

Kitchener, Ontario-based Alert Labs Inc. announced that it has been acquired by the Florida-based HVAC/R distributor Watsco Inc. Terms of the acquisition were not disclosed.

Alert Labs will continue to operate out of its Kitchener location.

Founded in 2015, 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.

Watsco operates the largest distribution network for heating, air conditioning and refrigeration (HVAC/R) products with locations in the United States, Canada, Mexico and Puerto Rico, and on an export basis to Latin America and the Caribbean. Watsco estimates that over 250,000 contractors and technicians visit or call one of its 568 locations each year to get information, obtain technical support and buy products.

Read more about Alert Labs:

Fresh Perspectives: Alert Labs Launches Latest Product in Sensor Suite