XOi Acquires Specifx And Receives Investment From KKR
Summary
Prior to this acquisition Specifx helped expand XOi’s Insights product, which provides an asset origination, performance, and diagnostics information. Now, the combined resources and capabilities of the two companies empower XOi to deliver a framework of proprietary and operational data to accelerate innovation to the mechanical, electrical, and plumbing industries. Led by CEO and Founder Ryan Martineau, Specifx specializes in on-demand data enrichment and metadata retrieval for HVAC companies. Led by CEO Aaron Salow, XOi is a provider of jobsite-focused technology for the field service ecosystem developing digital tool that connects people to mission-critical equipment. It offers AI-powered workflows, asset and team management functions, a comprehensive knowledge base, and immediate revenue-producing insights leveraging data from current and historical projects.