M&A Deal Summary

Wabtec Acquires Trackside Intelligence Pty

On October 12, 2015, Wabtec acquired technology hardware company Trackside Intelligence Pty from Vipac Engineers & Scientists

Acquisition Highlights
  • This is Wabtec’s 1st transaction in the Technology Hardware sector.
  • This is Wabtec’s 1st transaction in Australia.

M&A Deal Summary

Date 2015-10-12
Target Trackside Intelligence Pty
Sector Technology Hardware
Buyer(s) Wabtec
Sellers(s) Vipac Engineers & Scientists
Deal Type Divestiture

Target

Trackside Intelligence Pty

Kent Town, Australia
Trackside Intelligence Pty Ltd. (Track IQ) is a manufacturer and supplier of wayside detection equipment to the railway industry.

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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 25 of 49
Sector: Technology Hardware M&A 1 of 3
Type: Divestiture M&A Deals 4 of 9
Country: Australia M&A 1 of 2
Year: 2015 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-04 Railroad Controls

Benbrook, Texas, United States

Railroad Controls Ltd. is an independent provider of construction and material integration services to the Class I and regional railroads in the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-07 Relay Monitoring Systems Pty.

Mulgrave, Australia

Relay Monitoring Systems Pty. Ltd. is a manufacturer of electrical protection and control products.

Buy -

Seller(S) 1

SELLER

Vipac Engineers & Scientists

Port Melbourne, Australia

Category Company
Founded 1973
Sector Test/Measurement Equipment
DESCRIPTION

Vipac Engineers & Scientists Ltd. is an engineering consultancy and testing laboratory company.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2015 M&A 1 of 1