New York City — Fexa, a highly configurable facilities management enterprise SaaS platform, has acquired Trakref to deliver on its mission of helping facilities and operations teams leverage technology to drive better business outcomes.
The combined company will continue to make its unique products and services available independently to customers and partners across the grocery, healthcare, financial services, data center, real estate and food services industries as they rapidly innovate to deliver new, integrated capabilities. Fexa and Trakref will continue to value and pursue extensibility with other systems, platforms and service providers, so that customers have choice when it comes to finding the best solutions for their needs.
“We are ecstatic to join forces with Fexa, who believes in our mission of slowing climate change through better refrigerant tracking and management and helping clients gain control over their HVAC/R activity,” says Ted Atwood, founder of Trakref and now chief compliance and sustainability officer at Fexa. “We remain committed to creating innovative solutions to stop costly refrigerant leaks for the planet’s health and the safety of people everywhere.”
Typically, cost management and compliance are addressed separately, but these growing challenges demand a holistic approach. With these added capabilities, Fexa will deliver a comprehensive solution that empowers facility owners, operators and service providers to manage facilities efficiently, maximize the longevity and performance of assets, meet compliance regulations and deliver against sustainability goals.
“We have seen how the Fexa CMMS platform has helped multi-site businesses manage their facilities more cost-effectively,” says Chris Jernigan, executive managing director of Cushman & Wakefield Facilities Solutions. “The Fexa platform is extremely efficient and created more than a 35% reduction in clicks to process a work order within my organization. The addition of Trakref is a natural evolution of their platform, as refrigerant compliance will require tight coordination between facilities managers, service providers, and HVAC/R assets.”
Fexa is a facilities management enterprise SaaS solution dedicated to making it simpler for facilities and operations teams to achieve greater efficiency and ROI. For more information, visit https://fexa.io/.
Trakref is a leading provider of refrigerant tracking and management software that simplifies compliance and ESG reporting. The company’s platform offers a comprehensive solution for managing refrigerants, reducing compliance risk and achieving sustainability goals.