Articles from Brivo, Inc.

Brivo, the global leader in cloud-native unified physical security, today announced the early availability of its Brivo Genius Mobile Agent, a conversational AI interface for the Brivo Access Mobile App. Brivo is the first physical security technology provider to provide users with the ability to execute critical security actions — from emergency site-wide lockdowns to routine business settings — instantly via simple voice or text commands.

Brivo (“the Company”)– the global leader in cloud-based access control and smart building technologies that recently entered into a definitive merger agreement with Crown PropTech Acquisitions (NYSE: CPTK) – today announced it expects to outperform its initial 2021 revenue outlook. The Company expects full year 2021 total revenue to be between $71.6 million to $72.5 million, up from its prior expectation of $71.6 million.

Brivo, Inc., the global leader in cloud-based access control and smart building technologies, and Crown PropTech Acquisitions (NYSE:CPTK) (“Crown”), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive merger agreement that will result in Brivo becoming a publicly listed company. The transaction values the company at a pro forma enterprise value of $808 million. Upon closing, the combined company will operate as Brivo, and its Class A common stock is expected to be listed under the ticker symbol “BRVS.” This strategic business combination will enable Brivo to leverage Crown’s experience and relationships as an owner and operator of commercial real estate to accelerate market expansion.