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Platform creation Announced May 2023 · Closed May 2023

SPX Technologies to acquire ASPEQ Heating Group from Industrial Growth Partners

Relationship map

Relationship map for SPX Technologies to acquire ASPEQ Heating Group from Industrial Growth Partnersbacksparent ofIndustrial Growth Partners: Pe FirmIGIndustrial Growth Par…SPX Corp.: PlatformSPX Corp.ASPEQ Heating Group: Operating CompanyAHASPEQ Heating Group
Operating CompanyPe FirmPlatform

Parties

Acquirer
SPX Corp.
Platform
Target
ASPEQ Heating Group
Operating Company
Sponsor
Industrial Growth Partners
Pe Firm

Summary

SPX Technologies entered an agreement to purchase ASPEQ Heating Group from PE firm Industrial Growth Partners; ASPEQ will join SPX's HVAC Heating platform within its electrical heating business.

Primary source