Add-on Acquisition • Information Technology

WellStat Acquires Iknaia

On January 7, 2025, WellStat acquired information technology company Iknaia

Acquisition Context

This is WellStat’s 1st transaction in the Information Technology sector.
This is WellStat’s 1st transaction in the United Kingdom.

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M&A Deal Summary
Date	January 7, 2025
Target	Iknaia
Sector	Information Technology
Buyer(s)	WellStat
Deal Type	Add-on Acquisition

Target Company

Iknaia

Hatfield, United Kingdom

Iknaia is specializing in air quality monitoring solutions that support healthier and more sustainable environments. Its Airscan product delivers accurate, real-time data across a variety of settings, empowering organizations to address air quality challenges with confidence. Known for its precision and reliability, Airscan helps businesses, local authorities, and institutions achieve their environmental and operational goals. Iknaia was founded in 2016 and is based in Hatfield, United Kingdom.

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Buyer Overview 1

Buyer

WellStat

New York City, New York, United States

Category	Company
Sector	Software

DESCRIPTION

WellStat is a provider of grid relationship management software and demand response services to commercial electricity customers. WellStat is based in New York City, New York.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	1 of 1
Country: United Kingdom	1 of 1
Year: 2025	1 of 1

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