About This Deal
Federal Signal Corporation acquired Blasters, Inc. and Blasters Technologies, LLC for US$13.0 million initial (plus contingent earn-out of up to US$8.0 million), a transaction announced in January 2023.
Acquired the U.S. manufacturer of truck-mounted waterblasting equipment, adding to Federal Signal's road-marking and surface-preparation product lines in the Environmental Solutions Group.
Acquired the U.S. manufacturer of truck-mounted waterblasting equipment, adding to Federal Signal's road-marking and surface-preparation product lines in the Environmental Solutions Group.
Deal Terms
Acquirer
Federal Signal Corporation
Target
Blasters, Inc. and Blasters Technologies, LLC
Value
US$13.0 million initial (plus contingent earn-out of up to US$8.0 million)
Date
January 2023
Type
Full acquisition
Status
Completed
Transaction Details
Announced
January 3, 2023
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
Press release ↗
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