SPX Technologies: Will The Acquisition of Sigma & Omega Be A Game Changer For Its HVAC Growth?

SPX Technologies has delivered robust financial results in the first quarter of 2025, showcasing a solid beginning to the year primarily driven by the HVAC segment’s strong performance and strategic acquisitions. The reported growth in adjusted EBITDA by 12% and adjusted EPS by 10% indicates effective management execution and operational enhancements. A highlight of this quarter is the acquisition of Sigma & Omega, expected to bolster SPX’s HVAC offering and open avenues for future growth. This acquisition aligns well with the company’s growth strategy, although the benefit in 2025 is limited by higher interest expenses due to debt financing.