Eddy signs leak detection deal with Daniels

TORONTO—Eddy Smart Home Solutions Ltd. has announced a service agreement with The Daniels Corporation to provide intelligent leak detection.

Daniels is adding the protection into all their buildings through the partnership, stated a release. The deal includes more than 5,000 units across 13 projects.

Based on Eddy’s existing contracts of a similar nature, the contracted value is approximately $8 million, the firm said.  

The service will include real-time monitoring, smart sensors and remote and automatic shutoffs that identify and address problems in all areas of the building including the risers, mechanical rooms, suites and common areas.

“Daniels’s history of creating and reinvigorating Canadian communities, focusing on fostering diversity, equity and inclusion, has made them an industry giant in the built space,” said Travis Allan, CEO of Eddy Solutions, in a statement. “We’re working with them to provide risk mitigation services targeting the potential risk of water damage to projects under construction and thereafter, giving them further tools to protect, detect and control water in their buildings.”

“Water escape is a significant risk to buildings and residents in our industry,” added Sam Tassone, a partner with Daniels. “Eddy’s intelligent system provides us with a holistic tool that not only allows us to mitigate and control water in our projects but offers insurance benefits as well.”