Fulcrum Capital Partners Completes Sale of Verdant Environmental Technologies to Emerson

Fulcrum Capital Partners (Fulcrum), a private equity firm focused on the Canadian middle market, is pleased to announce the sale of Verdant Environmental Technologies (Verdant) to Emerson (NYSE:EMR).

“Verdant is proud to join Emerson and I know we will continue to reach new heights as part of a leading global company,” said Alain Bélanger, President & CEO of Verdant. “We appreciate the support of Fulcrum in growing Verdant to where we are today and guiding us into our bright future with Emerson.”

Based in Montreal, Verdant designs, manufactures and markets energy management solutions for the hospitality industry in North America, including smart thermostats, SaaS solutions, and monitoring services. 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.

Fulcrum acquired Verdant from the founding entrepreneur in 2016. Since that time, Verdant has experienced substantial growth by expanding its share of the hotel market, diversifying sales into ancillary hospitality markets, and developing new products. Greg Collings, Partner at Fulcrum said, “Through the hard work of its talented employees, Verdant has grown rapidly to become one of North America's leading energy management companies for the hospitality industry. Verdant has been a tremendous investment for Fulcrum over the past three and a half years and we would like to thank Verdant’s team for their commitment to excellence during our partnership with them.”