M&A Deal Summary

L.B. Foster Acquires Intelligent Video

On September 21, 2022, L.B. Foster acquired safety/security company Intelligent Video

Acquisition Highlights
  • This is L.B. Foster’s 1st transaction in the Safety/Security sector.
  • This is L.B. Foster’s 3rd transaction in the United Kingdom.

M&A Deal Summary

Date 2022-09-21
Target Intelligent Video
Sector Safety/Security
Buyer(s) L.B. Foster
Deal Type Add-on Acquisition

Target

Intelligent Video

Warwickshire, United Kingdom
website
Intelligent Video is a developer of high-quality surveillance, security, and safety solutions. Intelligent Video was founded in 2010 and is based in Warwickshire, England.

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Buyer(S) 1

Buyer

L.B. Foster

Pittsburgh, Pennsylvania, United States

website


Category Company
Founded 1902
Sector Engineering
Employees991
Revenue 514M USD (2021)
DESCRIPTION

L.B. Foster operates individual business units that specialize in rail, construction and tubular products. These groups manage manufacturing, distribution and sales facilities worldwide. The company also functions as a distributor and service provider in strategic alliances with industry leading manufacturing and engineering firms. L.B. Foster was founded in 1902 and is based in Pittsburgh, Pennsylvania.


DEAL STATS #
Overall 7 of 7
Sector (Safety/Security) 1 of 1
Type (Add-on Acquisition) 6 of 6
Country (United Kingdom) 3 of 3
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-21 Skratch Enterprises

Telford, United Kingdom

Skratch Enterprises provides a single-point supply solution model for clients and enables large scale deployments. Its services include design, prototyping and proof of concept, hardware & software, logistics & warehousing, installation, maintenance, Content Management (CMS), and managed monitoring. Skratch Enterprises was founded in 2004 and is based in Telford, England.

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