Emerson Electric completed the acquisition of Verdant Environmental Technologies from Fulcrum Capital Partners.

Emerson Electric, an American multinational corporation, completed the acquisition of Verdant Environmental Technologies, a provider of energy management solutions, from private equity firm Fulcrum Capital Partners. Financial terms were not disclosed. "As the hotel and hospitality industries continue to work toward energy efficiency and minimizing their carbon footprint, having the right technology and software to make this a reality is vital for success. This addition of an established and fast-growing commercial energy solutions provider complements our existing digital analytics and broad services capabilities and will also allow us to expand our efficiency offerings to customers in new markets," Brent Schroeder, Emerson President.