ERIC - Generac To Acquire Neurio Technology For Energy Metering Tech
Quick Take
Generac Holdings (GNRC) announced it has agreed to acquire Neurio Technology for an undisclosed amount.
Neurio operates as an energy data company with a focus on property metering technology and data analytics.
With the deal, GNRC is gaining a ready-to-market product and software suite for both residential and commercial energy efficiency applications.
Target Company
Vancouver, British Columbia-based Neurio was founded in 2005 to optimize energy use within home or business environments through its metering technologies and data analytics.
Management is headed by CEO Keith Marett, who has been with the