Emerson has completed the purchase of Verdant, an energy-management-solutions company for the hotel and hospitality industries. The addition of Verdant broadens Emerson’s growing energy-management and optimization capabilities for residential and commercial applications, according to Emerson. Terms were not disclosed.
Verdant, which was named a Deloitte Technology Fast 500 company in 2019, is based in Montreal and has about 70 employees.
While the typical hotel guestroom is vacant more than 50 percent of the time, energy usage remains the second largest operating cost for hotels. Verdant’s products and services combine advanced occupancy- and thermal-sensing technologies with real-time analytics to ensure optimal energy settings, reducing consumption and maximizing cost savings for hotel operators without compromising guest comfort.
“As the hotel and hospitality industries continue to work toward energy efficiency and minimizing their carbon footprint, having the right technology and software to make this a reality is vital for success,” Brent Schroeder, group president of heating and air conditioning for Emerson, said in a statement. “This addition of an established and fast-growing commercial energy-solutions provider complements our existing digital analytics and broad services capabilities and will also allow us to expand our efficiency offerings to customers in new markets.”