ACCESS Newswire
23 Sep 2022, 01:55 GMT+10
Acquires Southern CA-based Unify Smart Home
Expands its Autonomous Home™ Presence to Southern California
NEWTOWN, PA and WOODSIDE, CA / ACCESSWIRE / September 22, 2022 / RC-1, Inc., dba 'Hi Solutions', announced today that it has acquired Unify Smart Home of Temecula, CA through the acquisition of its parent company, Medley Communications effective January 1, 2022. Unify is a key strategic addition that expands the company's capabilities and reach with a proven process-driven approach and strong presence in the important Southern California region.
'Unify's team has built something extremely special in the desirable SoCal market,' commented John Parker, President and CEO of Hi. 'Unify's leadership group has developed highly structured and repeatable home automation solutions that connect customers to what matters most to them. We are thrilled to add Unify's experience, relationships, tools, and know-how to our growing organization and extend the Unify solution to a broader market segment than what is traditionally served by custom home integration providers.'
Unify founder and president Darrin Medley commented, 'Since day one, we've been focused on enhancing people's experience at home. We've grown our presence, our offerings, and our team by staying true to that mission. I'm proud of what we've accomplished as a private company, and now we're ecstatic to enter a new chapter as part of the Hi family, building on what we've established in California and helping our new team bring that commitment to citizens across the country and eventually around the world.'
Medley, an industry luminary and pioneer and member of the Sonos advisory board, has joined the executive team of Hi Solutions as its Chief Operating Officer, where he is focused on implementing core systems and operating principles enabling Hi to integrate acquired companies and scale the business. Medley's business partner, Damien Klaas, has also joined Hi in a senior management role, focusing on the day-to-day management of Unify's business operations.
Michael Moe, Executive Chairman of Hi, stated: 'Hi Solutions has significant momentum in the booming autonomous home market. Covid accelerated the megatrend of the home becoming the operating platform for life. We are very excited about the acquisition of Unify as it accelerates our business opportunity and also brings a very talented team into the Hi Solutions family.'
The Unify acquisition is the latest announced transaction executed to advance Hi's 'rollup' program, a cornerstone of its strategy to become a national provider of technology solutions for home users and business customers. The Company has previously announced the acquisitions of Fort Lauderdale, FL-based Media Design Associates (MDA) as well as Huntington Valley, PA-based Booyah Technologies in its home region of Greater Philadelphia. Hi Solutions is currently engaged in discussions with a number of new prospective acquisition targets with an expectation to close additional transactions in 2022.
About Hi
Hi Solutions was founded to usher in the Autonomous Home revolution by giving people a new way to power and improve their lives, and to do so in a way that is attainable and sustainable for a broad cross-section of homeowners. Today, more than ever before, the home is our hub for living, working, playing, and everything in between. In a chaotic world, it should be a haven - a realm of comfort and control. Technology and ingenuity make it possible, and Hi makes it easy. We do it by listening to our customers to understand the experience they want and bringing it to life in a solution that is custom-designed for their home and personalized to their preferences via voice, motion, touch and timing. Welcome to the Autonomous Home. Learn more at hi.solutions.
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Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 about the company's current expectations about future results, performance, prospects and opportunities, including, the anticipated future product development. Statements that are not historical facts, such as 'anticipates,' 'believes' and 'expects' or similar expressions, are forward-looking statements. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company's current plans and expectations, as well as future results of operations and financial condition. Forward-looking statements contained in this announcement are made as of this date and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact: John Parker | 215-280-6614
SOURCE: RC-1, Inc.
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