Divestiture • Technology Hardware

Precisional Acquires Loadrite

On April 13, 2022, Precisional acquired technology hardware company Loadrite from Trimble

Acquisition Context
  • This is Precisional’s 4th transaction in the Technology Hardware sector.
  • This is Precisional’s 4th transaction in the United States.

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M&A Deal Summary

Date April 13, 2022
Target Loadrite
Sector Technology Hardware
Buyer(s) Precisional
Sellers(s) Trimble
Deal Type Divestiture

Target Company

Loadrite

United States
Loadrite offers accurate scales for loaders, excavators, conveyor belts, tractors, refuse trucks, and forklifts that connect with payload-reporting and monitoring systems for the waste, quarry, and aggregates industry. The products improve user efficiency by weighing products while they are on a vehicle or belt, eliminating the need for a separate trip to a fixed scale location.
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Buyer Overview 1

Buyer

Precisional

Lisle, Illinois, United States

Category Company
Sector Test/Measurement Equipment
DESCRIPTION

Precisional is a global platform focused on precision measurement and software/data solutions to drive efficiencies in the most demanding infrastructure end markets. The Precisional family of companies is comprised of differentiated industrial hardware, instrumentation, and software/services businesses used to improve productivity in applications that rely upon accuracy and reliability in the measurement of time, weight, distance, or other critical parameters. Precisional is based in Lisle, Illinois.


Deal Context for Buyer #
Overall 4 of 4
Sector: Technology Hardware 4 of 4
Type: Divestiture 4 of 4
Country: United States 4 of 4
Year: 2022 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-13 Seco

Redding, California, United States

Seco designs and manufactures high-quality leveling, positioning, and alignment instruments used for general, exterior, and underground construction. The instruments incorporate laser and optical technology for general contractors and specialty contractors serving large and small commercial job sites as well as residential builders and remodelers.

Buy -

Seller Profile 1

SELLER

Trimble

Westminster, Colorado, United States

Category Company
Founded 1978
Sector Information Technology
Employees12,700
Revenue 3.8B USD (2023)
DESCRIPTION
Entrance to Trimble Navigation's corporate headquarters in Sunnyvale, California.
Entrance to Trimble Navigation's corporate headquarters in Sunnyvale, California.

Trimble is a provider of location-based solutions. The Company integrates its positioning expertise in GPS, laser, optical and inertial technologies with application software, wireless communications, and services to provide an array of commercial solutions. Trimble's technology serves a variety of industries including agriculture, engineering and construction, transportation and wireless communications infrastructure. Trimble was founded in 1978 and is based in Westminster, Colorado.


Deal Context for Seller #
Overall 15 of 19
Sector: Technology Hardware 5 of 5
Type: Divestiture 15 of 19
Country: United States 14 of 18
Year: 2022 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-13 Seco

Redding, California, United States

Seco designs and manufactures high-quality leveling, positioning, and alignment instruments used for general, exterior, and underground construction. The instruments incorporate laser and optical technology for general contractors and specialty contractors serving large and small commercial job sites as well as residential builders and remodelers.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-20 Trimble - Beena Vision Business

Sunnyvale, California, United States

Trimble’s Beena Vision Business is a manufacturer of machine vision-based wayside inspection systems for the railroad industry. The business provides vision-based wayside detectors for the rolling stock maintenance market. Its non-contact measurement technology provides a highly detailed condition assessment of train components ranging from wheel surface condition to full train inspection while operating in service and at high speeds. Beena Vision's wayside systems enable Train Operating Companies (TOCs) to manage fleet maintenance through cutting-edge sensor and image-based inspection systems. Real-time alarms, alerts, and reports enable significant reductions in maintenance costs, improve safety and increase fleet availability. Beena Vision systems are installed at many major North American Class 1 railroads, as well as other worldwide TOCs.

Sell -