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Acuity to acquire Parameter Technologies for $675M

PRIVATEOct 26, 2026

Acquiring Company

Acuity

Acquired Company

Parameter Technologies

AtlantaFort CollinsData Center

Description

Parameter Technologies has agreed to be acquired by Acuity Inc. for $675 million. Upon closing, Parameter will become part of Distech Controls within Acuity Intelligent Spaces. The deal is expected to close in late 2026, subject to customary conditions including the Hart-Scott-Rodino waiting period.

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Company Information

Company

Acuity

Location

Atlanta, Georgia, United States

About

Acuity Inc. (NYSE: AYI) is a company that operates the Acuity Intelligent Spaces business segment, which includes Distech Controls. The company combines building controls, edge controls, and cloud intelligence to serve customers in data centers and other commercial spaces.

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Frequently asked

Who acquired Parameter Technologies?

Parameter Technologies was acquired by Acuity, based in Atlanta. The deal was reported on October 26, 2026. Acuity Inc. (NYSE: AYI) is a company that operates the Acuity Intelligent Spaces business segment, which includes Distech Controls. Acuity is privately held and operates in Data Center.

When did Acuity acquire Parameter Technologies?

Acuity's acquisition of Parameter Technologies was reported on October 26, 2026. Parameter Technologies has agreed to be acquired by Acuity Inc. for $675 million. Upon closing, Parameter will become part of Distech Controls within Acuity Intelligent Spaces. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Parameter Technologies do?

Parameter Technologies is a Fort Collins, Colorado company that will become part of Distech Controls within Acuity's Intelligent Spaces business segment upon closing. The text describes it as a participant in the building controls space. It is privately held, and is based in Fort Collins.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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