About SPX FLOW
SPX FLOW is a company based in Charlotte (United States) founded in 2015 was acquired by ITT in March 2026.. SPX FLOW has completed 2 acquisitions, including Philadelphia Mixing Solutions and UTG Mixing Group. SPX FLOW offers products and services including Pumps and Heat Exchangers.
- Headquarter Charlotte, United States
- Stage Public
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Phone
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Website
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Social
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- Legal Name Spx Flow, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.35 B (USD), Debt – Conventional
Sep 01, 2015
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Investors
ITT Inc.
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Philadelphia Mixing Solutions
& 1 more
- Acquired by
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Products & Services of SPX FLOW
SPX FLOW offers a comprehensive portfolio of products and services, including Pumps and Heat Exchangers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Pumps are manufactured for fluid handling and are applied in processes across multiple industries.
Heat exchangers are designed for efficient heat transfer and are utilized in food processing and other sectors.
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Software Development Team
63 people
Leadership Team
47 people
Sales and Marketing
39 people
Human Resources and Administration
25 people
Senior Team
20 people
Finance and Accounting
12 people
Operations Team
9 people
Product Management Team
8 people
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Funding Insights of SPX FLOW
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $1.4B
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First Round
First Round
(01 Sep 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2015 | Amount | Debt – Conventional - SPX FLOW | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SPX FLOW
SPX FLOW has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include ITT Inc., Lone Star Funds and INOXPA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments in real estate, corporate equity, credit, and financial assets are conducted globally by Lone Star Funds.
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Founded Year | Domain | Location | |
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Engineered components are manufactured for energy, transportation, and industrial sectors.
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Founded Year | Domain | Location | |
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Fluid handling equipment and services for food and industrial sectors in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SPX FLOW
SPX FLOW has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Philadelphia Mixing Solutions and UTG Mixing Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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R&D of impellers and industrial modelling services
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1957 | ||||
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Multiple industries are operated in by the diversified conglomerate.
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1918 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SPX FLOW
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Spx Flow Comparisons
Competitors of SPX FLOW
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Spx Flow
Frequently Asked Questions about SPX FLOW
When was SPX FLOW founded?
SPX FLOW was founded in 2015.
Where is SPX FLOW located?
SPX FLOW is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Who is the current CEO of SPX FLOW?
Marc Michael is the current CEO of SPX FLOW.
What does SPX FLOW do?
SPX FLOW was founded in 2015 and is headquartered in Charlotte, United States. Equipment for food processing and packaging is produced by the company, with operations centered on industrial manufacturing. Solutions are provided for sectors including food and beverage, where machinery supports processing and packaging needs. The focus remains on engineering and delivering reliable systems across North American and global markets. Leadership is held by CEO and President Marc Michael.
What products or services does SPX FLOW offer?
SPX FLOW offers Pumps and Heat Exchangers.
How many acquisitions has SPX FLOW made?
SPX FLOW has made 2 acquisitions, including Philadelphia Mixing Solutions, and UTG Mixing Group.
Who are SPX FLOW's investors?
SPX FLOW has 3 investors. Key investors include ITT Inc., Lone Star Funds, and INOXPA.