Investors Purchase Igor, Inc to Ensure Long Term Success in Power-over-Ethernet (POE) Smart Buildings
February 6, 2023
A group of investors stepped forward to purchase Igor, Inc and continue the legacy of Igor’s Power-over-Ethernet smart building technology. The company has made several adjustments during the past couple of years in response to chip shortages and labor challenges. The pandemic and world-wide supply chain challenges hit nearly every industry, including Igor, Inc. Igor Founder, Dwight Stewart states this transition secures the company’s future thanks to the financial commitments of Igor’s new owners. “A few of our high net worth investors have bought the company with a focus on ushering in an era of profitable calculated growth and increasing customer returns. Thanks to this strong backing, we will focus investment in advancing Igor's hardware, software, and services to attain rapid low-effort installs and maintenance, while delivering higher-value actionable data reporting and customer outcomes”.
The new owners, Brent Haverkamp, Sean McMurray, Jim Cownie and Paul Hayes say they believe the company will continue to lead the way in smart building systems. “We are pleased with the way Igor has responded to this environment. We are investing for a long-term future with the leading facility data software in the business” said Paul Hayes, Investor.
Owner and Investor Brent Haverkamp has installed the smart technology into several Haverkamp Properties apartment buildings to reduce power consumption. “We are always looking for ways to reduce our carbon footprint. We saw an immediate reduction in electricity costs and that is good for both the environment and the bottomline.”
Throughout the past several years, the company has been awarded several large enterprise contracts including Microsoft, Pfizer, and WiPro. The infusion of capital will assist the company in catching up with the large demand for their suite of smart solutions. The company will continue to be managed by founder Dwight Stewart.
About Igor, Inc
Igor’s Nexos® technology has been installed and implemented across North America, Europe, Australia, Asia, and South America. Enterprise customers are deploying Nexos® within building portfolios to lower costs using its consolidated device infrastructure at large scale, robust security management, and agnostic connectivity to end devices. Commercial office owners are using Nexos® to achieve net-zero, WELL, LEED, and new reporting standards. Educators are using Nexos® to power smarter, safer school environments. Senior living facilities are using Nexos® to improve resident quality of life and health. Hotels are using Nexos® to power a fully automated, smart building system to cut costs and improve customer satisfaction. The applications are endless.