Mergers and Acquisitions

Alert Labs in its acquisition by Watsco

Alert Labs Inc.
Team
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Dov Begun

Partner, Tax, Toronto

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

On October 10, 2018, Alert Labs Inc. (“Alert Labs”) was acquired by Florida-based HVAC distributor Watsco, Inc. The two companies have jointly developed a remote air conditioning monitoring system allowing homeowners to receive alerts if unusual activity occurs. Like other Alert Labs sensors, Sentree uses a cellular network and does not require a separate data plan agreement, on-site internet, or WiFi connection.

Alert Labs, headquartered in Kitchener, Canada, manufactures water and flood monitoring sensors.

Osler, Hoskin & Harcourt LLP represented Alert Labs with a team consisting of Chad Bayne, Justin Dharamdial (Corporate) Allison Di Cesare (Employment & Labour) and Dov Begun (Tax).

Value
-
Date Closed
October 1, 2018
Lead Office
Toronto
Team
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Dov Begun

Partner, Tax, Toronto

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto