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Berkshire Partners-backed Tango completed the acquisition of WatchWire.

Synopsis

Berkshire Partners-backed Tango, a provider of cloud-based real estate and facilities management software completed the acquisition of WatchWire, a company that specializes in data and analytics that helps companies reduce emissions and energy expenses while simplifying sustainability and carbon reporting. Financial terms were not disclosed. “Faced with a rapidly changing macro and regulatory environment, active sustainability and energy management has become essential to long-term organizational success. Tango has a longstanding reputation for solving the complex, location-based compliance and reporting needs of our customers, as well as helping companies effectively manage and control occupancy costs. With the addition of WatchWire, we will provide customers information that arms them to understand their environmental impact and deliver on energy and sustainability management initiatives,” Pranav Tyagi, Tango President and CEO.

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