M&A Deal Summary

Econolite Acquires RAI Products

On November 27, 2023, Econolite acquired distribution company RAI Products

Acquisition Highlights
  • This is Econolite’s 2nd transaction in the Distribution sector.
  • This is Econolite’s 2nd transaction in the United States.
  • This is Econolite’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2023-11-27
Target RAI Products
Sector Distribution
Buyer(s) Econolite
Deal Type Add-on Acquisition

Target

RAI Products

Charlotte, North Carolina, United States
RAI Products is a distributor of traffic control and traffic safety equipment. RAI stocks equipment needed to build signalized intersections everything from traffic control cabinets and video detection to loop detector sealants and pull boxes. RAI provides on-site training to ensure a smooth transition to products deployed in the field. RAI Products was founded in 1954 and is based in Charlotte, North Carolina.

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Buyer(S) 1

Buyer

Econolite

Anaheim, California, United States
Category Company
Sector Software
DESCRIPTION

Econolite is a provider of an intelligent traffic management software solutions. Econolite is based in Anaheim, California.

DEAL STATS #
Overall 2 of 2
Sector (Distribution) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (North Carolina) 1 of 1
Country (United States) 2 of 2
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-02 Western Pacific Signal

San Leandro, California, United States

Western Pacific Signal is a professional services provider, distributor, and integrator of intelligent transportation systems (ITS), adaptive signal Control (ASC), advanced traffic management systems (ATMS), and connected vehicle (CV) systems. Western Pacific Signal is based in San Leandro, California.

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