Carrier Completes Acquisition of BrokerBay Inc., a Leading Digital Real Estate Solutions Provider
PALM BEACH GARDENS, Fla., Oct. 4, 2021 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) today announced it has completed the acquisition of BrokerBay Inc. The acquisition follows Carrier's announcement on September 16, 2021 of its entry into the purchase agreement to acquire BrokerBay. Carrier is the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions.
BrokerBay is a pioneer in the development of an advanced, streamlined and user-friendly real estate management cloud ecosystem, and will become part of Supra, Carrier's real estate access solutions provider within Carrier's Fire & Security's segment. Supra's market-leading key mobile credentialing technology combined with BrokerBay's highly differentiated showing management platform will provide a one-stop shop to optimize scheduling for sellers, buyers and agents, provide real-time communication, deliver actionable insights and improve agent productivity.
This integration will provide best-in-class solutions to real estate agents and is a step in Carrier's mission of revolutionizing digital services that exceed customers' expectations. It also strengthens Carrier's leading access solutions offering and deliver on their strategy of increasing recurring revenue through enhanced services.
The terms of the transaction were not disclosed.
As the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, Carrier Global Corporation is committed to making the world safer, sustainable and more comfortable for generations to come. From the beginning, we've led in inventing new technologies and entirely new industries. Today, we continue to lead because we have a world-class, diverse workforce that puts the customer at the center of everything we do. For more information, visit www.Corporate.Carrier.com or follow us on social media at @Carrier.
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SOURCE Carrier Global Corporation