Diversified Royalty Corp. Announces Agreement to Acquire Mr. Lube + Tires Franchisor Business
Diversified Royalty→Mr. Lube + Tires
May 14, 2026

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Relevant Solutions has completed the acquisition of Automation Werx, a industrial services other business in Idaho, for $1.4B. Automation Werx acquisition adds systems integration capabilities in industrial automation, including controls integration, SCADA, and panel fabrication, with headquarters in Idaho Falls, Idaho. Relevant Solutions acquisitions aim to expand into the Intermountain West and strengthen end-to-end automation and 24/7 field support for water/wastewater, dairy, and agriculture customers. The add on acquisition is an announced add-on acquisition under private equity acquisition strategy, with Fusion Capital Partners backing Relevant Solutions after its May 2025 purchase, supporting consolidation across industrials M&A and ID acquisitions.
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