XOi, a Nashville, TN-based provider of jobsite-focused technology solutions for the field service ecosystem, acquired Specifx, an on-demand data enrichment and metadata retrieval platform for field service equipment.
The amount of the deal was not disclosed.
The acquisition was enabled by an investment from funds managed by global investment firm KKR.
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. Its flagship product, Decoder, gives technicians, HVAC providers and manufacturers access to complete HVAC metadata via a simple nameplate scan, and the tool gives users the flexibility to scan each unit individually, in batches, or via the Decoder API. Its database covers common HVAC equipment made by around 100 major manufacturers over the past 30+ years.
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.
FinSMEs
06/02/2025