ASPEQ Heating Group - M&A Summary, Ownership, and Business Overview

Electrical EquipmentCompany

ASPEQ Heating Group M&A Summary

ASPEQ Heating Group has acquired 4 companies of its own, including 4 in the last 5 years.

ASPEQ Heating Group has acquired in 4 different US states. The Company’s most targeted sectors include electrical equipment (50%) and life science (25%).

ASPEQ Heating Group Ownership

Who owns ASPEQ Heating Group?

ASPEQ Heating Group is owned by SPX Technologies. It was acquired on May 1, 2023.

Was ASPEQ Heating Group formerly PE-backed?

Yes. ASPEQ Heating Group was formerly owned by 4 private investors.

ASPEQ Heating Group Business Overview

Where is ASPEQ Heating Group headquartered?

ASPEQ Heating Group is headquartered in St. Louis, Mississippi.

What sector is ASPEQ Heating Group in?

ASPEQ Heating Group is an electrical equipment company.

When was ASPEQ Heating Group founded?

ASPEQ Heating Group was founded in 2008.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity4
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2

ASPEQ Heating Group

ASPEQ Heating Group LLC

425 Hanley Industrial Court,
St. Louis, Mississippi 63144
United States,
(314) 333-5550
www.aspeqheating.com

ASPEQ Heating Group is a provider of custom-configured electric heating and thermal management products to the industrial, commercial, military, marine, and transportation markets. ASPEQ serves a highly diversified customer base and provides over 30 distinct product categories, including immersion and circulation heaters, duct heaters, tubular elements, unit and comfort heaters, and explosion-proof heaters, among others, as well as integrated controls and spare parts. Products are marketed through a multi-channel approach under the longstanding and well-known INDEECO, Heatrex, AccuTherm, and Brasch brands. ASPEQ Heating Group was formed in 2008 and is based in St. Louis, Mississippi.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.8/yr) # - - 1 2 1 - 4
Sell (0.0/yr) # - - - - - - 0
  4

Most Recent M&A

Company Date Value Type
BBC Industries, Inc. 2023-02-28 - Add-on Acquisition
St Pacific, Missouri · www.bbcind.com
Solar Products, Inc. 2022-07-19 - Add-on Acquisition
Pompton Lakes, New Jersey · www.solarproducts.com
BannerDay PipeHeating 2022-05-01 - Divestiture
Saginaw, Michigan
Spectrum, Inc. 2021-02-18 - Divestiture
Rancho Dominguez, California · www.spectrumlabs.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Electrical Equipment 2 (50%) - - -
Life Science 1 (25%) - - -
Manufacturing 1 (25%) - - -
Total 4 - - -

By Geo

State/Country Buy Value Sell Value
United States 4 - - -
  New Jersey 1 - - -
  Missouri 1 - - -
  Michigan 1 - - -
  California 1 - - -
Total 4 - - -

M&A Connections

Deals
Acquired from
Strategic(s)
50%
2 (50%)

Company Summary

SECTOR

Electrical Equipment

Revenue

120   2022
(millions of USD)

Established

2008

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Related Lists for ASPEQ Heating Group

Mississippi Companies , Electrical Equipment Companies , United States Companies , Mississippi Electrical Equipment Companies , Mississippi Electrical Equipment with Acquisitions , Mississippi Electrical Equipment with Divestitures

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