Daikin Acquires Venstar
By Logan CaswellHPAC General Human Resources HVAC Systems Management Daikin Venstar
Venstar will continue to be led by Venstar’s existing management team as well as all current employees of Venstar.
Daikin has acquired Venstar, a controls and energy management systems provider.
Venstar, founded in 1992 and based in Southern California, designs and builds a broad variety of thermostats with more than 10-million installed.
The company’s Surveyor Energy Management System allows retailers, restaurant chains and other multi-location businesses to remotely monitor, manage and control energy consumption while reducing maintenance expenses. Currently, Surveyor is used to control more than 100,000 HVAC systems and building lighting in more than 30,000 retail locations throughout North America.
Under the new ownership, as a wholly owned business unit of Daikin, Venstar will continue to be led by Venstar’s existing management team as well as all current employees of Venstar and its headquarters will remain in California.