Tracked deals
8
8 tracked deals across 2003-2026.
Public Company
Industrial Services
SPX Technologies
Charlotte, North Carolina, United States
Formerly known as SPX Corp, SPX Corp. (legacy), SPX Corporation
SPX Technologies is a supplier of highly engineered products and technologies, holding leadership positions in the HVAC and detection and measurement markets. Based in Charlotte, North Carolina, SPX Technologies has approximately 4,400 employees in 15 countries and is listed on the NYSE under ticker SPXC.
- Focus Areas
- HVAC, Detection & Measurement, Engineered Cooling & Air Movement
- Website
- spx.com
Recent pace
2
2 tracked deals announced in the last 12 months.
Deal mix
Buyout
8 buyout
SPX Technologies Acquisition Volume by Year
Last 6 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
September 15, 2026
- Buyer
- SPX Technologies, Inc.
- Target
- FIS Water, LLC
- Industry
- Industrial Services
- Location
- California, United States
- Type
- Buyout
SPX Technologies completed the acquisition of FIS Water, LLC for approximately $410 million in cash. FIS Water provides highly engineered water management and control solutions used primarily in commercial and industrial cooling applications and will operate within SPX’s Cooling platform.
-
July 24, 2026
- Buyer
- SPX Technologies, Inc.
- Target
- Neptronic Inc.
- Industry
- Industrial Services
- Location
- Quebec, Canada
- Type
- Buyout
SPX Technologies, Inc. completed its acquisition of Neptronic Inc. for total cash consideration of CA$605 million (approximately US$430 million), subject to customary closing adjustments. Neptronic, based in Montreal, designs and manufactures engineered HVAC solutions, and will become part of SPX’s HVAC segment to expand precision thermal management and controls-enabled offerings.
-
February 7, 2024
- Buyer
- SPX Technologies
- Target
- Ingénia Technologies
- Industry
- Manufacturing
- Location
- Quebec, Canada
- Type
- Buyout
SPX Technologies announced the acquisition of Ingénia Technologies for approximately CA$405 million (about US$300 million) in cash, adding a Mirabel, Quebec–based designer and manufacturer of custom air handling units to its Cooling platform. Ingénia, expected to generate roughly US$100 million of annualized revenue in 2024, expands SPX's Engineered Air Movement capabilities and is accretive to the company's HVAC segment growth and margin profile.
-
June 2, 2023
- Buyer
- SPX Technologies
- Target
- ASPEQ Heating Group
- Seller
- Industrial Growth Partners
- Industry
- Manufacturing
- Location
- Missouri, United States
- Type
- Buyout
SPX Technologies (NYSE: SPXC) acquired ASPEQ Heating Group, a St. Louis-based provider of custom electric heating and thermal management products, for approximately $418 million. The transaction closed in June 2023 and expands SPX's HVAC heating portfolio by adding ASPEQ's brands and capabilities; the seller was private equity firm Industrial Growth Partners.
-
April 11, 2022
- Buyer
- SPX Corporation
- Target
- International Tower Lighting, LLC
- Industry
- Manufacturing
- Location
- Tennessee, United States
- Type
- Buyout
SPX Corporation has completed the acquisition of International Tower Lighting, LLC (ITL), a La Vergne, Tennessee–based designer and manufacturer of obstruction lighting systems and tower monitoring services. ITL (approximately $18 million revenue) will be reported as part of SPX's AtoN platform within its Detection & Measurement segment and is expected to modestly accrete segment margin.
-
November 15, 2021
- Buyer
- SPX Corporation
- Target
- Cincinnati Fan & Ventilator Co., Inc.
- Seller
- Dominus Capital, L.P.
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
SPX Corporation has entered into a definitive agreement to acquire Cincinnati Fan & Ventilator Co., Inc. from Dominus Capital. Cincinnati Fan, headquartered in Mason, Ohio with approximately 215 employees across the US and UK, supplies engineered air movement solutions and will be integrated into SPX's global HVAC Cooling business to expand capabilities and distribution.
-
September 2, 2020
- Buyer
- SPX Corporation
- Target
- ULC Robotics
- Industry
- Industrial Services
- Location
- New York, United States
- Type
- Buyout
SPX Corporation has acquired ULC Robotics, a developer of robotic systems, RaaS inspection services and machine-learning-driven R&D for energy, utility and industrial customers. ULC will join SPX’s Detection & Measurement segment to expand its inspection and location capabilities and support product commercialization and market development.
-
June 24, 2003
- Buyer
- SPX Corporation
- Target
- GenMech Aerospace, Inc.
- Industry
- Aerospace & Defense
- Location
- New York, United States
- Type
- Buyout
A wholly owned subsidiary of SPX Corporation has acquired GenMech Aerospace, Inc., a Farmingdale, New York-based manufacturer of flight-critical rotorhead components and structural assemblies for the defense and commercial aerospace industries. Terms were not disclosed; Alderman & Company served as exclusive financial advisor to GenMech in the transaction.
Related Acquisition Pages
Manufacturing Buyers & Acquisitions
4 tracked deals by SPX Technologies.
Industrial Services Buyers & Acquisitions
3 tracked deals by SPX Technologies.
Aerospace & Defense Buyers & Acquisitions
1 tracked deal by SPX Technologies.
Acquisitions in New York
2 tracked deals by SPX Technologies.
Acquisitions in California
1 tracked deal by SPX Technologies.
Acquisitions in Missouri
1 tracked deal by SPX Technologies.
Acquisitions in Ohio
1 tracked deal by SPX Technologies.
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