AcquisitionsMay 28, 2026, 04:18 PM
Autodesk to Acquire MaintainX for $3.575 Billion
AI Summary
Autodesk, Inc. has entered into a definitive agreement to acquire MaintainX Inc., a leading modern maintenance and operations solution, for approximately $3.575 billion in an all-cash transaction. This acquisition aims to strengthen Autodesk's ability to connect operations workflows with its broader lifecycle strategy, converging design, make, and operate workflows. The deal is expected to close later this fiscal year, subject to regulatory approvals and customary closing conditions.
Key Highlights
- Autodesk will acquire MaintainX for approximately $3.575 billion in an all-cash transaction.
- MaintainX is expected to achieve over $135 million in annualized recurring revenue (ARR) for calendar year 2026.
- MaintainX's ARR is projected to grow in excess of 50% for calendar year 2026.
- The acquisition will be funded through a combination of cash on hand and debt financing.
- Autodesk will grant $150 million in restricted stock units to MaintainX's continuing employees.
- The transaction is subject to regulatory reviews and is expected to close later this fiscal year.
- Vested MaintainX stock options will be cancelled for cash consideration; unvested/underwater options will be cancelled without consideration.
Price Impact
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