Property tech company Brivo plans to grow staff as it prepares for SPAC merger

Bethesda’s Brivo Inc. is one of the first D.C.-area companies planning to go public this year, doing so via a special purpose acquisition company, or SPAC. The deal will give Brivo capital to reinvest and take on other competitors in the cloud-based access-control industry, an area that’s growing as digital transformation becomes further embedded in our everyday lives — including in the buildings where we live and work in. Brivo is also planning for more office space and a big bump in hiring in 2022.