M&A Deal Summary

R-Zero Systems Acquires CoWorkr

On July 20, 2021, R-Zero Systems acquired information technology company CoWorkr

Acquisition Highlights
  • This is R-Zero Systems’ 1st transaction in the Information Technology sector.
  • This is R-Zero Systems’ 1st transaction in the United States.
  • This is R-Zero Systems’ 1st transaction in Nevada.

M&A Deal Summary

Date 2021-07-20
Target CoWorkr
Sector Information Technology
Buyer(s) R-Zero Systems
Deal Type Add-on Acquisition

Target

CoWorkr

Reno, Nevada, United States
CoWorkr is a workplace technology company providing an anonymous, real-time platform for measuring how employees utilize spaces. Their easy-to-deploy battery-powered and infrared-based sensors collect data without jeopardizing worker privacy. Workplace utilization data is used to help organizations transition from assigned work modalities to more modern agile or hybrid work models. This real-time utilization data is leveraged for workplace experience applications while historical data is used by the real estate team for future planning and transitions. CoWorkr was formed in 2015 and is based in Reno, Nevada.

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Buyer(S) 1

Buyer

R-Zero Systems

San Francisco, California, United States

Category Company
Founded 2020
Sector Information Technology
DESCRIPTION

R-Zero is a biosafety technology company dedicated to making indoor spaces, safer and clinically clean. The company is dedicated to developing the most effective and innovative disinfection technologies, to reduce the spread of all infectious diseases. R-Zero’s first product, Arc is currently enabling a higher level of health safety for hundreds of thousands of people, across both public and private sector organizations, without the use of chemicals. R-Zero was formed in 2020 and is based in


DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Nevada) 1 of 1
Country (United States) 1 of 2
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-17 SecureAire

Dunedin, Florida, United States

SecureAire provides an air purification system proven to reduce infections in a real-world, hospital setting. SecureAire was formed in 2004 and is based in Dunedin, Florida.

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