Assemblin Acquires Fidelix

ONDEX Automation Acquires The Fitch Company

May 27, 2026

IT Services

ONDEX Automation, a Chicago-based automation systems integrator backed by Shore Capital Partners, acquired The Fitch Company, a Rumford, Maine-based electrical engineering and process automation integrator. The deal is ONDEX’s sixth acquisition since April 2024 and expands ONDEX’s capabilities in process automation, DCS and PLC programming, OT/IT networking, instrumentation, and plant-wide control system integration.

Asolvi Acquires Foxtag GmbH

November 6, 2025

Cloud & SaaS

Asolvi, the European field service management (FSM) software platform backed by Volpi Capital, has acquired Hamburg-based Foxtag GmbH to strengthen its fire and security offering and expand its presence in the German and wider European market. The cloud-native Foxtag platform — founded in 2015 and serving over 600 customers in Germany — will be integrated into Asolvi's portfolio to deepen product capabilities and accelerate feature development.

Continuant Acquires Fidelus Technologies

June 1, 2025

IT Services

Continuant, a Tacoma-based managed services and unified communications provider, has acquired Fidelus Technologies, a Unified Communications & Collaboration (UCC) and enterprise networking managed services firm headquartered in New Jersey. The deal (closed June 1, 2025) expands Continuant’s capabilities across Cisco, Microsoft, and Zoom platforms and strengthens its East Coast service footprint; terms were not disclosed.

Triton Combines Assemblin and Caverion to Form Assemblin Caverion Group

March 5, 2024

Engineering Services

Triton is combining its portfolio companies Assemblin and Caverion into the newly formed Assemblin Caverion Group, creating a leading Northern European technical service and installation business. The combined group will be incorporated in Sweden, operate across around ten countries, generate roughly EUR 3.8 billion (SEK 43.5 billion) in annual turnover and employ about 21,900 people; leadership will be drawn from both businesses with Assemblin CEO Mats Johansson as Group CEO.

Fenix Parts Acquires Fox Auto Parts

June 5, 2023

Automotive

Fenix Parent LLC (operating as Fenix Parts) has completed the acquisition of the assets of Fox Auto Parts in Belleville, Michigan, expanding Fenix's Midwest footprint and bringing its network to 23 full-service and 5 self-service locations. Bill and Bob Fox will join Fenix's leadership team, and the deal increases Fenix's production and distribution capacity in the Detroit, Ann Arbor and Northern Ohio markets.

Honeywell Acquires Majority Stake in Fiplex Communications

March 10, 2021

Telecommunications

Honeywell has signed an agreement to acquire a majority stake in Fiplex Communications, a Miami-based maker of in-building wireless systems (BDAs and Fiber DAS) used for public-safety radio coverage. The deal will expand Honeywell Building Technologies' in-building connectivity and life-safety offerings; terms were not disclosed and the transaction is subject to customary closing conditions.