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WellStat completes acquisition of Iknaia Limited to enhance global air quality monitoring

Feb 05, 2025•11 months ago

Acquiring Company

WellStat

Acquired Company

Iknaia Limited

New YorkHertfordshireSoftwareEnvironmental Consulting

Description

WellStat, a leader in energy management and air quality monitoring solutions, has acquired UK-based Iknaia Limited to expand its global footprint and enhance its offerings for comprehensive indoor and outdoor air quality monitoring. The acquisition aims to combine Iknaia's advanced Airscan technology with WellStat's expertise to meet the growing demand for comprehensive air quality monitoring worldwide.

Company Information

Company

WellStat

Location

New York, New York, United States

About

WellStat is a leading PropTech company transforming energy management and indoor air quality (IAQ) for commercial real estate. Through advanced data analytics, IoT integration, and smart building solutions, WellStat helps its customers reduce operational costs, enhance air quality, and create healthier working environments.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed