Global law firm Hogan Lovells has advised Autodesk, Inc. as it enters into a definitive agreement to acquire MaintainX, a leading modern maintenance and operations solution, in an all-cash transaction valued at approximately US$3.6 billion.
Autodesk has articulated a strategy to converge design, make, and operate workflows, ensuring data and insights flow seamlessly in a continuous lifecycle. With the creation of Autodesk Operations Solutions (AOS), the company is bringing together its operations capabilities under a unified platform.
The proposed acquisition of MaintainX is intended to strengthen Autodesk’s ability to connect operations workflows with the broader lifecycle, helping teams make faster, more informed decisions over time. “We’re excited to support Autodesk in this transaction as it expands further into operations and unlocks higher-value, system-level AI,” said M&A partner Keith Flaum.
Autodesk intends to fund the transaction with a combination of cash on hand and debt financing. The transaction is subject to regulatory reviews and other customary closing conditions, and is expected to close later this fiscal year. MaintainX expects to achieve in excess of $135 million of annualized recurring revenue (ARR) for calendar year 2026 with growth in excess of 50 percent.
The Hogan Lovells deal team was led by partners Keith Flaum and Jalpit Amin (both M&A, Silicon Valley), counsel John Fraczek (IP, Denver), senior associate Shaida Mirmazaheri (M&A, Boston), associates Isabelle Tatum, Michael Wu, Mandy Zhang, Sawyer Linde, and Isolte Beal (all M&A, Silicon Valley), and Amanda Cirella (M&A, Boston).
