M&A Deal Summary

Wabtec Acquires Collins Aerospace - ARINC Rail Solutions Business

On June 16, 2022, Wabtec acquired information technology company Collins Aerospace - ARINC Rail Solutions Business from Collins Aerospace

Acquisition Highlights
  • This is Wabtec’s 1st transaction in the Information Technology sector.
  • This is Wabtec’s 22nd transaction in the United States.
  • This is Wabtec’s 1st transaction in Delaware.

M&A Deal Summary

Date 2022-06-16
Target Collins Aerospace - ARINC Rail Solutions Business
Sector Information Technology
Buyer(s) Wabtec
Sellers(s) Collins Aerospace
Deal Type Divestiture

Target

Collins Aerospace - ARINC Rail Solutions Business

West Palm Beach, Delaware, United States
Collins Aerospace's ARINC Rail Solutions Business provider of intelligence-based rail dispatch and back-office solutions.

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Buyer(S) 1

Buyer

Wabtec

Pittsburgh, Pennsylvania, United States

Category Company
Founded 1869
Sector Machinery
Employees29,000
Revenue 9.7B USD (2023)
DESCRIPTION

Wabtec is a provider of value-added, technology-based products and services for the rail industry. Through its subsidiaries, the company manufactures a range of products for locomotives, freight cars, and passenger transit vehicles. Wabtec builds new switcher and commuter locomotives and provides aftermarket services, including locomotive and freight car fleet maintenance. Wabtec was formed in 1869 and is based in Pittsburgh, Pennsylvania.


DEAL STATS #
Overall 42 of 45
Sector (Information Technology) 1 of 1
Type (Divestiture) 7 of 7
State (Delaware) 1 of 1
Country (United States) 22 of 23
Year (2022) 3 of 3
PREVIOUS 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-16 L&M Radiator

Street Hibbing, Minnesota, United States

L&M Radiator is a manufacturer of heavy-duty equipment radiators and heat exchangers. L&M Radiator is based in Street Hibbing, Minnesota.

Buy $230M

Seller(S) 1

SELLER

Collins Aerospace

West Palm Beach, Florida, United States

Category Company
Founded 2018
Sector Aerospace
DESCRIPTION

Collins Aerospace engages in technologically advanced and intelligent solutions for the global aerospace and defense industry. Collins Aerospace has the capabilities, comprehensive portfolio and expertise to solve customers' toughest challenges and to meet the demands of a rapidly evolving global market.


DEAL STATS #
Overall 2 of 4
Sector (Information Technology) 1 of 1
Type (Divestiture) 2 of 4
State (Delaware) 1 of 1
Country (United States) 2 of 4
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-30 FlightAware

Houston, Texas, United States

FlightAware is a digital aviation company providing global flight tracking solutions, predictive technology, analytics, and decision-making tools. FlightAware serves all segments of the aviation marketplace through best-in-class applications and data services that provide comprehensive information about the current and predicted movement of aircraft. FlightAware was founded in 2005 and is based in Houston, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-09 Collins Aerospace - Critical Infrastructure Business

Carrolton, Texas, United States

Collins Aerospace's Critical Infrastructure Business specializes in command-and-control software solutions for nuclear power plants and government facilities to protect their systems against cybersecurity threats or compromises. Collins Aerospace's Critical Infrastructure Business is based in Carrolton, Texas.

Sell -