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  6. Dover Acquires Site IQ

M&A Deal Summary

Dover Acquires Site IQ

On August 4, 2025, Dover acquired software company Site IQ

Acquisition Highlights
  • This is Dover’s 5th transaction in the Software sector.
  • This is Dover’s 42nd transaction in the United States.
  • This is Dover’s 2nd transaction in Illinois.

M&A Deal Summary
Date 2025-08-04
Target Site IQ
Sector Software
Buyer(s) Dover
Deal Type Add-on Acquisition

Target

Site IQ

Lombard, Illinois, United States
Site IQ is an IoT company specializing in remote monitoring and actionable intelligence for fueling sites. Site IQ is based in Lombard, Illinois.

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Buyer(S) 1

Buyer

Dover

Downers Grove, Illinois, United States
Category Company
Founded 1947
Sector Machinery
Employees24,000
Revenue 7.7B USD (2024)
DESCRIPTION
Dover's corporate headquarters in Downers Grove, Illinois.
Dover's corporate headquarters in Downers Grove, Illinois.

Dover is a diversified manufacturer of industrial products. Dover delivers innovative equipment and components, specialty systems and support services through four major operating segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. Dover was founded in 1947 and is based in Downers Grove, Illinois.

DEAL STATS #
Overall 62 of 62
Sector: Software M&A 5 of 5
Type: Add-on Acquisition M&A Deals 58 of 58
State: Illinois M&A 2 of 2
Country: United States M&A 42 of 42
Year: 2025 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-18 ipp

Bersenbrück, Germany

ipp is a manufacturer of sanitary pump technologies, including hygienic lobe, progressive, and other processing equipment. ipp was founded in 2004 and is based in Bersenbrück, Germany.

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