M&A Deal Summary

Carrier Acquires Nlyte Software

On September 22, 2021, Carrier acquired software company Nlyte Software

Acquisition Highlights
  • This is Carrier’s 2nd transaction in the Software sector.
  • This is Carrier’s 10th transaction in the United States.
  • This is Carrier’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2021-09-22
Target Nlyte Software
Sector Software
Buyer(s) Carrier
Deal Type Add-on Acquisition

Target

Nlyte Software

Edison, New Jersey, United States
website
Nlyte Software is a software company focused on planning, managing, and optimizing data centers. The company enables enterprises to extend IT management software to include the physical layer with the logical and virtual layers of the data center, maximizing the financial benefits from the optimized utilization of assets, power, and space. Its proven platform is used in the data centers of some of the largest and most valued companies in the world. Nlyte Software was formed in 2003 and is based in Edison, New Jersey.

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Buyer(S) 1

Buyer

Carrier

Palm Beach Gardens, Florida, United States

website


Category Company
Founded 2019
Sector Machinery
Employees52,000
Revenue 20.4B USD (2022)
DESCRIPTION
Carrier research center in Jupiter, Florida.
Carrier research center in Jupiter, Florida.

Carrier is a producer of heating, air-conditioning and refrigeration solutions. Carrier provides sustainable solutions, integrating energy efficient products, building controls, and energy services for residential, commercial, retail, transport and foodservice customers. Carrier was founded in 2019 and is based in Palm Beach Gardens, Florida.


DEAL STATS #
Overall 13 of 14
Sector (Software) 2 of 2
Type (Add-on Acquisition) 11 of 12
State (New Jersey) 1 of 1
Country (United States) 10 of 10
Year (2021) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-16 BrokerBay

Toronto, Ontario, Canada

BrokerBay is involved in the development of an advanced, streamlined, and user-friendly real estate management cloud ecosystem. The software's ability to reduce a brokerage's administrative workload, streamline the real estate scheduling and showing experience, as well as standardize electronic lockbox access. BrokerBay was formed in 2016 and is based in Toronto, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-19 Cavius

Silkeborg, Denmark

Cavius is a Danish residential alarm company that provides a complete range of smoke, heat, flood, and carbon monoxide alarms. Cavius was founded in 2010 and is based in Silkeborg, Denmark.

Buy -