M&A Deal Summary

LB&B Associates Acquires Brekford Corp - Vehicle Services Business

On February 6, 2017, LB&B Associates acquired technology hardware company Brekford Corp - Vehicle Services Business from Brekford

Acquisition Highlights
  • This is LB&B Associates’ 1st transaction in the Technology Hardware sector.
  • This is LB&B Associates’ 3rd transaction in the United States.
  • This is LB&B Associates’ 2nd transaction in Maryland.

M&A Deal Summary
Date 2017-02-06
Target Brekford Corp - Vehicle Services Business
Sector Technology Hardware
Buyer(s) LB&B Associates
Sellers(s) Brekford
Deal Type Divestiture

Target

Brekford Corp - Vehicle Services Business

Hanover, Maryland, United States
Brekford Corp - Vehicle Services Business is a provider of turnkey solutions to government agencies for automated enforcement of speed, red light, and distracted driving violations.

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Buyer(S) 1

Buyer

LB&B Associates

Columbia, Maryland, United States
Category Company
Founded 1992
Sector Construction
DESCRIPTION

LB&B Associates, Inc. is a provider of a variety of contractor services for the US Government and for commercial entities, and is separated into five support divisions: Facilities Management, Operations and Maintenance Services; Logistics Support Services; Systems and Technology Services; Base Operations Support Services; and Commercial Support Services.

DEAL STATS #
Overall 3 of 3
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 2 of 2
State (Maryland) 2 of 2
Country (United States) 3 of 3
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-22 RTW Enterprises

Ellicott City, Maryland, United States

RTW Enterprises, Inc. is a service-oriented small minority business and a participant of the GSA Schedule. RTW Enterprises offers services of a known small minority business with excellent performance references as a government services contractor.

Buy -

Seller(S) 1

SELLER

Brekford

Hanover, Maryland, United States
Category Company
Founded 1998
Sector Technology Hardware
Employees38
Revenue 19.8B USD (2015)
DESCRIPTION

Brekford Corp. is a public safety and security technology service provider of fully integrated automated traffic safety enforcement ("ATSE") solutions, parking and traffic enforcement solutions, and an end-to-end suite of technology solutions for public safety vehicles and mobile worker.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
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