RLE Technologies acquires floor-solutions firm

FORT COLLINS — RLE Technologies Inc., a Web-based monitoring and leak-detection company for mission-critical facilities, is acquiring Triad Floors, a manufacturer of data-center floor tiles and airflow solutions, from NxGen.

Terms of the deal were not disclosed.

The acquisition, approved April 10 by the boards of both companies, would make the Fort Collins-based RLE Technologies’ portfolio more diverse. In addition to providing environmental threat detection and Web-based monitoring, it will now have a variety of flooring solutions for data centers, including ways to most efficiently manage airflow and cooling.

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The transaction started, according to a statement from the companies, after RLE underwent a strategic planning process in 2016 and restructured its management team. The strategic planning identified revenue diversification as a primary goal for the company, hence the purchase of Triad Floors. Both firms are based in Colorado.

“The combination of RLE Technologies and Triad Floors presents a significant opportunity to better protect data centers worldwide,” Jeremy Swanner, president of RLE Technologies, said in a prepared statement. “Triad Floors has built its reputation as data center cooling and airflow systems experts for more than 10 years. With this announcement, RLE Technologies is able to provide data center owners and operators with a more diverse set of solutions to help them maintain uptime in the future.”

Under the agreement, Triad Floors’ employees will continue in their roles. Gary Meyer, founder and owner of NxGen and Triad Floors, will be involved in the transition, future growth and new product development. Tim Hirschenhofer, senior vice president of Triad Floors, will be responsible for business development and operations.