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Multi Parts Solutions Acquires HKX for Growth

PRIVATEAug 11, 2026•about 2 hours ago

Acquiring Company

Multi Parts Solutions

Acquired Company

WORQ

FloridaMalaysiaManufacturingAutomotive

Description

On August 11, 2026, Multi Parts Solutions (MPS) announced its acquisition of HKX, Inc., a manufacturer of hydraulic kits and control systems. This acquisition will enable MPS to enter the construction equipment market and enhance its engineering capabilities. HKX will continue to operate as a division of MPS, benefiting from additional resources and expertise.

Company Information

Company

Multi Parts Solutions

Location

Florida, United States

About

Multi Parts Solutions (MPS) is a company that specializes in engineering and manufacturing for various markets, including automotive and commercial vehicles. They leverage global engineering, sourcing, and testing capabilities to deliver high-quality solutions. MPS aims to invest in and grow its acquired divisions through innovation and enhanced resources.

Predictive Intelligence
Strategic

ML-powered predictions for Multi Parts Solutions's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired WORQ?

WORQ was acquired by Multi Parts Solutions, based in Florida. The deal was reported on August 11, 2026. Multi Parts Solutions (MPS) is a company that specializes in engineering and manufacturing for various markets, including automotive and commercial vehicles. Multi Parts Solutions is privately held and operates in Manufacturing.

When did Multi Parts Solutions acquire WORQ?

Multi Parts Solutions's acquisition of WORQ was reported on August 11, 2026. On August 11, 2026, Multi Parts Solutions (MPS) announced its acquisition of HKX, Inc., a manufacturer of hydraulic kits and control systems. This acquisition will enable MPS to enter the construction equipment market and enhance its engineering capabilities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does WORQ do?

Malaysia-based co-working space provider with a goal to expand its co-working space operations. It is privately held, and is based in Malaysia.

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