M&A Deal Summary

Runwise Acquires BGS Water Watch

On November 4, 2021, Runwise acquired technology hardware company BGS Water Watch

Acquisition Highlights
  • This is Runwise’s 1st transaction in the Technology Hardware sector.
  • This is Runwise’s 1st transaction in the United States.
  • This is Runwise’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2021-11-04
Target BGS Water Watch
Sector Technology Hardware
Buyer(s) Runwise
Deal Type Add-on Acquisition

Target

BGS Water Watch

Lakewood, New Jersey, United States
BGS Water Watch is an online control and water monitoring company. The Company develops the lowest-cost wireless, battery-powered leak detector that does not require any plumbing to install. BGS Water Watch is based in Lakewood, New Jersey.

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Buyer(S) 1

Buyer

Runwise

New York, New York, United States
Category Company
Founded 2010
Sector Technology Hardware
DESCRIPTION

Runwise is a building control services provider. The Company's mission is to enable buildings to run more efficiently using intelligent and easy-to-install wireless hardware and software. Runwise's service controls key building systems in thousands of buildings across 10 states. Runwise was founded in 2010 and is based in New York City.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Mergr

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