Acuity Announces Agreement to Acquire Parameter Technologies
Key Highlights
- ➤Acuity (AYI) to acquire Parameter Technologies for $675 million
- ➤Parameter expects approximately $100 million 2027 sales, up more than 30% year-over-year
- ➤Parameter projects approximately 40% EBITDA margins for calendar 2027
- ➤Acuity expects the acquisition to be accretive to fiscal 2027 adjusted diluted EPS
- ➤Transaction expected to close in Acuity’s fiscal 2027 second quarter
Expert Statements
Peter Han, President of Acuity Intelligent Spaces
“Parameter has built a high-performing business that is highly complementary to Distech’s portfolio.”
Peter Han, President of Acuity Intelligent Spaces
“By combining Parameter’s sensing, detection and monitoring technology with Distech’s edge controls, we expand our capabilities in data centers and deepen relationships with channel partners.”
Peter Han, President of Acuity Intelligent Spaces
“This builds on Distech’s proven ability to solve customer problems and scale adjacent technologies that support durable growth for Acuity Intelligent Spaces.”
Michael Blazes, Chief Executive Officer of Parameter
“We have built our business around technology that customers trust to protect critical equipment.”
Michael Blazes, Chief Executive Officer of Parameter
“Joining Acuity allows us to build on that success.”
Michael Blazes, Chief Executive Officer of Parameter
“Together, we can bring our technology to more applications, help customers identify issues earlier and take action to better protect their operations.”
Expanding Acuity’s Data Center Portfolio from Edge Control to Leak Detection, Sensing and Monitoring * Parameter is a Leader in Data Center Leak Detection, a Fast-Growing Market Driven by the Shift to Liquid Cooling * Transaction Expected to Close in the Second Quarter of Fiscal 2027 and be Accretive to Acuity Fiscal 2027 Full-Year Adjusted Diluted Earnings per Share ATLANTA, Oct. 26, 2026 (GLOBE NEWSWIRE) -- Acuity Inc. (NYSE: AYI) (the "Company" or "Acuity") has reached a definitive agreement to acquire Parameter Technologies ("Parameter") for a purchase price of $675 million. It is expected to be accretive to Acuity's fiscal 2027 full-year adjusted diluted earnings per share.
Parameter provides mission-critical leak detection, environmental monitoring and battery monitoring solutions for data centers and other critical infrastructure. Its accurate, location-specific leak detection capabilities help customers identify issues earlier, reduce disruption and protect critical equipment as data centers adopt more complex liquid cooling systems. Upon closing, Parameter will become part of Distech Controls(TM) within Acuity Intelligent Spaces. Parameter shares Distech’s go-to-market channels, which include system integrators and distributors, and will deepen Distech’s relationships with cooling equipment OEMs.
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