Varnum is pleased to announce its representation of Bradford White Corporation, an industry-leading manufacturer of water heaters, boilers, and storage tanks, in its recent acquisition of FloLogic, Inc., a North Carolina-based manufacturer of premium plumbing leak detection and automatic shutoff solutions for homes and light commercial buildings.
Varnum’s deal team was led by corporate partner Jake Droppers and included corporate associate Lauren Parker. The team negotiated and drafted the purchase agreements, conducted due diligence, and handled all ancillary work related to the transaction.
This strategic acquisition aligns with Bradford White’s commitment to innovation and quality, significantly enhancing the company’s smart technology offerings. FloLogic’s premium IoT-based leak detection and automatic shutoff technology offers comprehensive solutions and state-of-the-art protection from plumbing leaks, the most preventable cause of property damage and a significant source of water waste. The system’s robust IoT platform can be monitored in real-time via an app for constant connection and protection.
Founded in 1996 in Raleigh, North Carolina, FloLogic is a pioneer in plumbing leak detection and has become a trusted name in the marketplace, focusing on quality and innovation over the past two decades. FloLogic’s partnerships with major North American insurers have boosted leak detection technology adoption and increased consumer awareness.