Public Company Other

Johnson Controls

Milwaukee, Wisconsin, United States

Johnson Controls is a global leader in mission-critical building systems, energy efficiency, and decarbonization. It delivers building technologies and digital solutions through OpenBlue, a comprehensive digital offering for smart, healthy, and sustainable buildings.

Focus Areas
Smart buildings, Building automation, Energy management

Tracked deals

10

10 tracked deals across 2021-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Buyout

10 buyout

Johnson Controls Acquisition Volume by Year

Last 4 years

Acquisition volume by year Annual acquisition counts for the last 4 years for Johnson Controls. 1 2021 5 2022 2 2023 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Johnson Controls Acquires Nantum AI
    April 27, 2026
    Buyer
    Johnson Controls
    Target
    Nantum AI
    Seller
    Prescriptive Holdings LLC
    Industry
    AI & Machine Learning
    Location
    New York, United States
    Type
    Buyout

    Johnson Controls announced it has acquired Nantum AI, a New York-based developer of AI algorithms for improving building energy efficiency. The acquisition is intended to strengthen Johnson Controls' OpenBlue digital ecosystem by adding AI-driven control capabilities to optimize HVAC systems and reduce energy consumption.

  • Johnson Controls Acquires Alloy Enterprises
    February 18, 2026
    Buyer
    Johnson Controls International plc
    Target
    Alloy Enterprises, Inc.
    Industry
    IT Services
    Location
    United States
    Type
    Buyout

    Johnson Controls has signed an agreement to acquire Alloy Enterprises, a Boston-based thermal management technology company, to strengthen its leadership in the fast-growing data center cooling market. The deal was later completed on May 13, 2026, with financial terms not disclosed.

  • Johnson Controls Acquires FM:Systems
    July 17, 2023
    Buyer
    Johnson Controls
    Target
    FM:Systems
    Seller
    Accel-KKR
    Industry
    Cloud & SaaS
    Location
    North Carolina, United States
    Type
    Buyout

    Johnson Controls has acquired FM:Systems, a Raleigh-based provider of cloud-based digital workplace management and IoT solutions, for a base purchase price of $455 million plus potential earnouts. The deal adds SaaS workplace management capabilities to Johnson Controls' OpenBlue portfolio, expanding its digital buildings offerings and is expected to be accretive to margins and revenue growth.

  • Johnson Controls Acquires M&M Carnot
    June 21, 2023
    Buyer
    Johnson Controls
    Target
    M&M Carnot
    Industry
    Manufacturing
    Location
    Maryland, United States
    Type
    Buyout

    Johnson Controls has acquired M&M Carnot, a provider of natural industrial refrigeration systems that use ultra-low global warming potential refrigerants such as CO2. The acquisition expands Johnson Controls' sustainable industrial refrigeration portfolio and strengthens its position to serve data centers, food and cold-storage, and other industrial customers with transcritical CO2 solutions and heat-pump technologies.

  • Johnson Controls Acquires Rescue Air Systems
    October 5, 2022
    Buyer
    Johnson Controls
    Target
    Rescue Air Systems
    Industry
    Building Products
    Location
    California, United States
    Type
    Buyout

    Johnson Controls has acquired Rescue Air Systems, a San Francisco–based provider of firefighter air replenishment systems (FARS). The purchase expands Johnson Controls' fire protection and life-safety portfolio by adding building-installed air refill stations that allow firefighters to rapidly replenish breathing air bottles during responses; financial terms were not disclosed.

  • Johnson Controls Acquires Vindex Systems
    August 22, 2022
    Buyer
    Johnson Controls
    Target
    Vindex Systems Limited
    Industry
    IT Services
    Location
    West Sussex, United Kingdom
    Type
    Buyout

    Johnson Controls has acquired Vindex Systems, a UK-based systems integrator specializing in video surveillance, access control and ANPR solutions, to strengthen its electronic security and service capabilities in the region. Financial terms were not disclosed; the acquisition will expand Johnson Controls' integrated security offerings and customer service footprint across banking, retail, healthcare and other commercial end markets in the UK.

  • Johnson Controls Acquires Tempered Networks
    June 23, 2022
    Buyer
    Johnson Controls
    Target
    Tempered Networks
    Industry
    Cybersecurity
    Location
    Washington, United States
    Type
    Buyout

    Johnson Controls acquired Seattle-based Tempered Networks to integrate its Airwall zero-trust cybersecurity platform into Johnson Controls’ OpenBlue smart‑buildings stack. The deal strengthens Johnson Controls’ ability to provide end‑to‑end zero trust security for connected building systems and to embed Tempered’s technology across its products and services; financial terms were not disclosed.

  • Johnson Controls Acquires Security Enhancement Systems (SES)
    April 19, 2022
    Buyer
    Johnson Controls
    Target
    Security Enhancement Systems LLC (SES)
    Industry
    Industrial Services
    Location
    Illinois, United States
    Type
    Buyout

    Johnson Controls has acquired Security Enhancement Systems LLC (SES), a provider of mobile-based, keyless access control solutions for critical infrastructure such as telecommunications towers, utilities and data centers. The acquisition expands Johnson Controls' access control and remote-site security capabilities by integrating SES's mobile, cloud and on-premise technologies into its security products portfolio.

  • Johnson Controls Acquires FogHorn
    January 12, 2022
    Buyer
    Johnson Controls
    Target
    FogHorn
    Industry
    AI & Machine Learning
    Location
    California, United States
    Type
    Buyout

    Johnson Controls has completed the acquisition of FogHorn, an Edge AI software developer for industrial and commercial IoT. FogHorn’s engineering team and edge-AI capabilities will be integrated into Johnson Controls’ OpenBlue platform to accelerate smart, autonomous building solutions; financial terms were not disclosed.

  • Johnson Controls Acquires Silent-Aire
    April 9, 2021
    Buyer
    Johnson Controls
    Target
    Silent-Aire
    Industry
    Manufacturing
    Location
    Alberta, Canada
    Type
    Buyout

    Johnson Controls has agreed to acquire Silent-Aire, a global provider of hyperscale data center cooling equipment and modular data center solutions, in an all-cash transaction valued at up to $870 million (approximately $630 million upfront plus earnouts). The acquisition, expected to close subject to regulatory approvals, expands Johnson Controls' capabilities and presence in the hyperscale data center vertical and is expected to be immediately accretive to adjusted EPS in fiscal 2022.

Related Acquisition Pages

AI & Machine Learning Buyers & Acquisitions 2 tracked deals by Johnson Controls. IT Services Buyers & Acquisitions 2 tracked deals by Johnson Controls. Manufacturing Buyers & Acquisitions 2 tracked deals by Johnson Controls. Building Products Buyers & Acquisitions 1 tracked deal by Johnson Controls. Acquisitions in California 2 tracked deals by Johnson Controls. Acquisitions in Illinois 1 tracked deal by Johnson Controls. Acquisitions in Maryland 1 tracked deal by Johnson Controls. Acquisitions in New York 1 tracked deal by Johnson Controls.

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