Facility Grid acquires PingCx

AUGUST 6, 2026

Facility Grid (Nexa Equity) acquires PingCx

TARGET

Autonomous commissioning software that connects directly to building automation systems to automate functional performance testing and validate system operation against design specifications, sold to building automation system integrators, commissioning providers, and building owners.

Ownership	—
Headquarters	Farmingdale, New York
Leadership	Saheel Chandrani, Co-founder & CEO
Sell-side advisor	—

ACQUIRER

Facility Grid

provider of cloud-based commissioning, operational readiness, and sustainability software for the construction industry

Ownership	PE-backed
Parent	Nexa Equity
Investors	Nexa Equity
Headcount	51-100 FTEs
Headquarters	Brookline, Massachusetts
Buy-side advisor	—

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Facility Grid -> PingCx  (2026-09-11)
add_on | Construction/AEC | announced
Target: Autonomous commissioning software that connects directly to building automation systems to automate functional performance testing and validate system operation against design specifications, sold to building automation system integrators, commissioning providers, and building owners.
Website: pingcx.com | Buyer site: facilitygrid.com
HQ: Farmingdale, New York | Buyer sponsor: Nexa Equity | Buyer ownership: pe-backed
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/facility-grid-pingcx.html

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