Fox Innovation & Technologies, a leading provider of advanced aftermarket services and solutions for high-speed rotating equipment, announced the acquisition of Sirio Solutions Engineering, a move that marked a significant milestone in FOX’s international expansion and service integration strategy.

Based in Prato, Italy, SSE brought with it nearly four decades of engineering excellence and customer service in the design and delivery of turbomachinery control systems, field solutions, and technical support for industrial process and energy infrastructure applications. The acquisition significantly enhanced FOX’s ability to offer comprehensive and integrated solutions to a global client base.

Vincent R. Volpe, CEO of FOX, commented:

“This acquisition added two critical dimensions to Fox. First, SSE contributed systems engineering and turbomachinery controls capabilities to our recently launched Revamp business for turbo compressors in industrial process and energy infrastructure applications. This enabled us to offer clients a more integrated solution, reducing project complexity.

Second, SSE’s longstanding international presence, with extensive experience working on high-speed turbomachinery and process reciprocating compressors, expanded our field service reach across Europe, Eurasia, the Middle East, North Africa, and South America. These capabilities complemented our existing presence in the United States, which was established through the acquisition of the Cotter Group (S.T. Cotter Turbines and Axis Mechanical Group).”

Volpe added that the transaction represented another strategic step aligned with FOX’s growth roadmap, developed in partnership with Bluewater, a specialist private equity firm focused on the energy sector. He confirmed that FOX would continue to pursue targeted acquisitions to expand its global footprint and service capabilities, while maintaining its commitment to industry-leading efficiency and rapid project execution.

The acquisition process was led by Jesus Pacheco, a FOX Board Member and veteran industry executive, who played a pivotal role in fostering close collaboration between FOX leadership and SSE management. Sergio Pazzi, founder and president of the board of SSE, was set to continue providing strategic guidance and operational support following the integration.

Jesus Pacheco stated:

“We were impressed by SSE’s world-class technology, quality, and execution standards. Their proven ability to deliver value to OEMs, packagers, and end-users—through deep expertise in turbomachinery, controls, and auxiliary systems—perfectly complemented FOX’s compressor technologies, engineering, and service offerings. We are pleased to welcome the SSE team to FOX and look forward to helping customers enhance energy efficiency and reduce carbon emissions through an expanded portfolio of technologies and field capabilities.”

FOX has been backed since its inception by Bluewater, which has played an instrumental role in shaping and supporting the company’s growth strategy. Tom Sikorski, founding partner at Bluewater, remarked:

“We have made tremendous progress at FOX over the past several years in building out our technology and solutions portfolio. This acquisition represents yet another key piece of the puzzle, and we are proud to support Vince and the FOX team in this exciting chapter.”

The integration of SSE into the FOX platform began immediately, ensuring a seamless transition for employees and clients alike. The combined entity aimed to deliver enhanced aftermarket services to the high-speed rotating equipment segment, particularly in critical energy infrastructure applications, with benefits being realised from day one.

For more information visit www.foxinnovation.com

6th May 2025