# Fox Innovation & Technologies acquires Revak turbomachinery services business

Fox Innovation & Technologies Inc. acquired Texas-based Revak Keene Turbomachinery and Industrial Storage Services, gaining a manufacturing facility and aftermarket parts and repair business for compressors, backed by Bluewater.

- Type: Acquisition
- Announced: 2023-07-20
- Where: Texas, United States
- Status: completed
- Products: compressors, compressor revamps, aftermarket parts and repairs
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Bluewater](https://endata.com/companies/2960.md) (investor)
- [Fox Innovation and Technologies](https://endata.com/companies/9037.md) (acquirer)
- [Revak Keene Turbomachinery](https://endata.com/companies/9038.md) (target)
- [Revak Keene Turbomachinery and Industrial Storage Services](https://endata.com/companies/10826.md) (target)
- [Bluewater Private Equity](https://endata.com/companies/10835.md) (investor)

## Sources

- [foxinnovation.com](https://www.foxinnovation.com/news/2023-07-20/fox-acquires-revak-keene), 2023-07-20: "Acquisition of Texas-based Revak fires the starting gun on acquisitive strategy, with other potential targets already identified."
- [jpt.spe.org](https://jpt.spe.org/former-dresser-rand-ceo-launches-rotating-equipment-company), 2023-07-21: "With the acquisition of Revak Keene Turbomachinery, a new compressor technology venture... has entered the market with the acquisition of Texas-based Revak Keene Turbomachinery."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.