Fit deformation in blender?

Here is a modeling processing picture in 3dsmax. Is there any equivalent in Blender? Thanks

http://docs.autodesk.com/3DSMAX/15/ENU/3ds-Max-Help/index.html?url=files/GUID-68993AFD-1B42-4AEE-98C9-25B7425FD47C.htm,topicNumber=d30e50555

You can get very similar results with the Boolean Modifier set to Intersect.
Boolean_Intersect.blend (461 KB)

The downside is that the Topology can be off after applying a Boolean Modifier.