M&A Deal Summary

Wabtec Acquires Inspection Technologies

On January 14, 2025, Wabtec acquired business services company Inspection Technologies from Evident for 1.8B USD

Acquisition Highlights
  • This is Wabtec’s 1st transaction in the Business Services sector.
  • This is Wabtec’s 2nd largest (disclosed) transaction.
  • This is Wabtec’s 25th transaction in the United States.

M&A Deal Summary

Date 2025-01-14
Target Inspection Technologies
Sector Business Services
Buyer(s) Wabtec
Sellers(s) Evident
Deal Type Divestiture
Deal Value 1.8B USD

Target

Inspection Technologies

United States
Inspection Technologies delivers solutions that solve complex challenges, inspecting mission-critical assets and infrastructure with nondestructive testing, remote visual inspection, and analytical instruments for maintenance, manufacturing, and environmental applications.

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Buyer(S) 1

Buyer

Wabtec

Pittsburgh, Pennsylvania, United States

Category Company
Founded 1869
Sector Machinery
Employees29,500
Revenue 10.4B USD (2024)
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 47 of 49
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 8 of 9
Country: United States M&A 25 of 25
Year: 2025 M&A 1 of 3
Size (of disclosed) 2 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-30 Bloom Engineering

Pittsburgh, Pennsylvania, United States

Bloom Engineering designs and manufactures combustion products, systems, and services that achieve optimal productivity, efficiency, and environmental performance for the metallurgical and process heating industries worldwide. Bloom Engineering was founded in 1934 and is based in Pittsburgh, Pennsylvania.

Buy $69M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-18 Dellner

Falun, Sweden

Dellner is a niche provider of safety-critical train connection systems for passenger rail rolling stock. The company offers full train connection systems including couplers, gangways, hatches, dampers, and crash management systems, complemented by aftermarket services and support. Dellner was founded in 1941 and is headquartered in Falun, Sweden.

Buy $960M

Seller(S) 1

SELLER

Evident

Tokyo, Japan

Category Company
Sector Medical Products
DESCRIPTION

Evident is a manufacturer of microscopes for life science and industrial applications, videoscopes for remote visual inspection and non-destructive test equipment. Evident is based in Shinjuku-ku, Japan.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-08-04 Pramana

Cambridge, Massachusetts, United States

Pramana is a healthcare technology company specializing in the development of fully autonomous image scanning systems for pathology settings in hospitals, research facilities, and educational institutions. Pramana was formed in 2021 and is headquartered in Cambridge, Massachusetts.

Buy -