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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