Acuity agreed to acquire Parameter Technologies, a data center leak detection and battery monitoring maker
Friday, October 30, 2026 · first reported by Private Equity Professional
Acuity is buying Parameter Technologies, a May River Capital portfolio company, in a deal valuing the business at $675 million including debt. Parameter sells sensors and monitoring equipment that detect leaks, track environmental conditions and watch batteries in data centers and similar facilities. Once the deal closes, it will sit inside Distech Controls in Acuity's Intelligent Spaces segment.
Acuity intends to pay with $500 million of borrowings and cash it holds. Parameter forecasts sales near $100 million in calendar 2027, over 30% above 2026, at EBITDA margins near 40%.
- Also named
- Acuity, Parameter Technologies
- Deal value
- $675M
- Asset class
- Private equity
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
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