TMA Systems Expands CMMS Market Reach With MEX And EQ2 HEMS Acquisitions

TMA Systems Expands CMMS Market Reach With MEX And EQ2 HEMS Acquisitions

TMA Systems, a US-based provider of enterprise asset management (EAM) and computerized maintenance management system (CMMS) solutions, recently acquired MEX and EQ2 HEMS. These strategic moves reinforce TMA’s commitment to broadening its industry expertise and strengthening its competitive position in the evolving CMMS market.

TMA’s acquisition of MEX, one of Australia’s leading CMMS providers, extends its reach into the Asia-Pacific region, where MEX supports over 1,400 organizations in mining, manufacturing, energy, and food and beverage. The development enhances TMA’s ability to serve asset-intensive industries, while expanding its global footprint. The purchase of EQ2 HEMS, a North-America-based healthcare CMMS provider, allows TMA to strengthen its presence in the highly regulated healthcare sector. EQ2’s HEMS platform helps hospitals manage clinical assets, compliance and maintenance workflows, aligning with TMA’s goal of offering industry-specific CMMS solutions. By integrating these acquisitions, TMA bolsters its ability to serve both general industrial maintenance and highly specialized sectors such as healthcare, positioning itself as a more competitive global CMMS provider.

TMA Systems’s acquisitions reflect a broader trend of consolidation within the CMMS and EAM software market, as vendors seek to expand capabilities and market reach. Siemens acquired Brightly Software in 2022 for $1.6 billion, to improve its infrastructure-focused offerings, while Rockwell Automation expanded its digital maintenance expertise with the acquisition of Fiix in 2020, and Elecosoft acquired PEMAC in 2025 to strengthen its position in regulated industries. These moves highlight the growing demand for connected maintenance solutions, where CMMS platforms increasingly integrate Internet of Things (IoT), predictive analytics and cloud-based functionality to improve asset uptime and operational efficiency.

Although the CMMS market is mature, buyer expectations are evolving as firms demand more intelligent, connected and data-driven maintenance solutions. AI and generative AI (GenAI) are increasingly being used to enable intelligent workflows by automating routine tasks, streamlining data entry and delivering contextual insights to maintenance teams. A growing emphasis is being placed on the mobile delivery of insights, ensuring that frontline workers can access relevant information and make informed decisions in real time. Cloud adoption continues to accelerate, with more firms shifting to cloud-based CMMS platforms that support real-time data access and collaboration. Additionally, firms are prioritizing CMMS platforms that integrate with enterprise systems such as enterprise resource planning (ERP), IoT sensors and digital twins, boosting visibility and decision-making across the asset life cycle. As TMA integrates MEX and EQ2, the alignment of these solutions with emerging CMMS trends will be critical to maintaining competitiveness in a rapidly evolving market.

TMA Systems's acquisitions of MEX and EQ2 HEMS reflect the firm’s strategy of expanding its market reach and industry expertise within the CMMS sector. The development aligns with broader consolidation trends as vendors seek to enhance their capabilities and address growing demand for connected maintenance solutions. 

Readers should be on the look-out for the Verdantix Green Quadrant report on the industrial CMMS software market, set for publication in Q2 2025. This will provide deeper insights into vendor capabilities, market trends and the evolving role of CMMS platforms in EAM. In the meantime, check out our Smart Innovators: CMMS report, which provides a high-level analysis of CMMS vendor capabilities.