WakeCap has acquired Trackfy, a workforce safety and operational solution for industrial companies. The acquisition reflects WakeCap’s commitment to expanding its global reach, diversifying its product capabilities, and strengthening customer relationships across the construction and industrial lifecycle. It combines WakeCap’s expertise with Trackfy’s strength, enhancing the management of construction projects, said the firm.
The acquisition of Trackfy comes at a time when global infrastructure investment is experiencing significant growth, with the Kingdom of Saudi Arabia alone investing nearly US $1tn in construction and urban development.
The acquisition of Trackfy enables WakeCap to provide continuous support to clients even after construction is complete. By integrating operations and maintenance capabilities, WakeCap can remain involved in projects from the construction phase through to daily industrial operations, offering a unified and connected solution across the entire lifecycle of a facility.
“Trackfy brings both regional expertise and product capabilities that perfectly complement WakeCap’s vision to put workers first, make jobsites safer, and bring clarity to the world’s most complex construction projects,” said Dr. Hassan Albalawi, Co-Founder and CEO of WakeCap.
Albalawi continued, “WakeCap’s ability to capture and act on real-time jobsite data is critical for high-performing project controls, and this acquisition fuels our next stage of growth as we expand our global footprint, increasing the value we deliver to customers through richer insights, faster reporting, and greater operational efficiency. This is a strong cultural fit, and we are excited to welcome the Trackfy team to WakeCap.”
“WakeCap’s mission has always been to solve the construction industry’s most urgent problems through data, software, and IoT, while Trackfy has done the same across the operational core of industrial environments,” said Tulio Cerviño, CEO of Trackfy. “Joining forces enables us to scale our technology, expand into new regions, and serve customers across the full lifecycle of industrial projects. This move is more than just an acquisition it’s a big step toward the realisation of a shared vision: to build the global standard for smart operations and industrial intelligence.”
WakeCap’s technology provides live, site-wide visibility across various aspects of construction, including workforce, safety, productivity, and progress. By empowering jobsite workers, WakeCap’s technology ensures safer and more reliable work environments.
