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SPX Technologies Completes Neptronic Acquisition CA$605M
x/montreal
— Jul 23, 2026
SPX Technologies completed the CA$605 million acquisition of Neptronic, a Montreal-based HVAC controls maker with about 300 employees and roughly US$75 million in annual revenue, signaling a strategic expansion of SPX’s HVAC segment and its intelligent controls portfolio, with an EBITDA multiple modestly above SPX’s 8-12x range. The deal aims to broaden channel access, scale the business with SPX’s resources, and accelerate growth across global markets, with 2026 guidance to reflect Neptronic’s impact.
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Commentary: Report: CA Guardsmen Told to Ready Plane for Domestic Mission, Feared It Would Have Been 'Illegal Order'
Reporting
— Apr 24, 2021
The McDonnell Douglas F-15 Eagle is a marvel of American military technology. Developed in the late-1960s, the F-15 was faster and more maneuverable than it otherwise would have been because the United States thought…
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