M&A Deal Summary

L.B. Foster Acquires Skratch Enterprises

On September 21, 2022, L.B. Foster acquired business services company Skratch Enterprises

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

M&A Deal Summary

Date 2022-09-21
Target Skratch Enterprises
Sector Business Services
Buyer(s) L.B. Foster
Deal Type Add-on Acquisition

Target

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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Buyer(S) 1

Buyer

L.B. Foster

Pittsburgh, Pennsylvania, United States

Category Company
Founded 1902
Sector Engineering
Employees1,057
Revenue 531M USD (2024)
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: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 6
Country: United Kingdom M&A 3 of 3
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-21 Intelligent Video

Warwickshire, United Kingdom

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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