L.B. Foster - M&A Summary and Business Overview

EngineeringCompany

L.B. Foster M&A Summary

L.B. Foster has acquired 8 companies, including 2 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 1 asset.

L.B. Foster has acquired in 2 different US states, and 3 countries. The Company’s most targeted sectors include business services (15%) and construction (15%).

L.B. Foster Business Overview

Where is L.B. Foster headquartered?

L.B. Foster is headquartered in Pittsburgh, Pennsylvania.

What is L.B. Foster’s revenue?

L.B. Foster disclosed revenue of 514M USD for 2021 and 497M USD for 2020.

How many employees does L.B. Foster have?

L.B. Foster has 991 employees.

What sector is L.B. Foster in?

L.B. Foster is an engineering company.

When was L.B. Foster founded?

L.B. Foster was founded in 1902.

M&A Summary

  • M&A Total Activity8
    • M&A Buy Activity7
    • M&A Sell Activity1
  • Total Sectors Invested 7
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 4
  • M&A Advisors 1

L.B. Foster

L.B. Foster Co.

415 Holiday Drive,
Pittsburgh, Pennsylvania 15220
United States,
(412) 928-3400
www.lbfoster.com

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.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 5 - - 2 - - 7
Sell (0.0/yr) # 1 - - - - - 1
  8

Most Recent M&A

Company Date Value Type
Skratch Enterprises Ltd. 2022-09-21 - Add-on Acquisition
Telford, United Kingdom · www.skratchav.com
Intelligent Video Ltd. 2022-09-21 - Add-on Acquisition
Warwickshire, United Kingdom · www.intelligentvideo.tv
Inspection Oilfield Services 2015-03-13 - Add-on Acquisition
Morgantown, West Virginia · www.iospci.com
TEW Engineering Ltd. 2015-01-19 - Add-on Acquisition
Nottingham, United Kingdom · www.tew.co.uk
Chemtec Energy Services LLC 2015-01-05 - Add-on Acquisition
Willis, Texas · www.chemtecenergy.com
Balfour Beatty Rail - Railroad Tuning Unit (FWO) 2014-10-29 - Divestiture
, Germany
Ball Winch Pipeline Services LLC 2013-11-08 - Add-on Acquisition
Willis, Texas · www.ballwinch.com
L.B. Foster - Precise Structural Products 2012-09-04 - Divestiture
, United States
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 1 (14%) - - -
Construction 1 (14%) - - -
Electrical Equipment 1 (14%) - - -
Energy Services and Equipment 1 (14%) - - -
Machinery 1 (14%) - - -
Oil/Gas Exploration 1 (14%) - - -
Safety/Security 1 (14%) - - -
Metals/Mining - - 1 (100%) -
Total 7 - 1 -

By Geo

State/Country Buy Value Sell Value
United States 3 - 1 -
  Texas 2 - - -
  West Virginia 1 - - -
United Kingdom 3 - - -
Germany 1 - - -
Domestic 3 (43%) - 1 (100%) -
Cross-border 4 (57%) - - -
Total 7 - 1 -

Top M&A Advisors

Financial Deals
InterOcean Advisors LLC
1

M&A Connections

Deals
Acquired from
Investor(s)
14%
1 (14%)
Strategic(s)
14%
1 (14%)
Divested to
Strategic(s)
100%
1 (100%)

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