M&A Deal Summary

WebSafety Acquires Lithified Technologies Texas

On January 25, 2022, WebSafety acquired construction company Lithified Technologies Texas

Acquisition Highlights
  • This is WebSafety’s 1st transaction in the Construction sector.
  • This is WebSafety’s 2nd transaction in the United States.
  • This is WebSafety’s 1st transaction in Texas.

M&A Deal Summary

Date 2022-01-25
Target Lithified Technologies Texas
Sector Construction
Buyer(s) WebSafety
Deal Type Add-on Acquisition

Target

Lithified Technologies Texas

Houston, Texas, United States
Lithified Technologies Texas provides LithTec that transforms the base into stone and binds the materials at the molecular level, creating a high-performing structural member of the road design with more flexibility and ductility than asphalt. Lithified Technologies Texas is based in Houston, Texas.

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Buyer(S) 1

Buyer

WebSafety

Las Vegas, Nevada, United States

Category Company
Sector Software
DESCRIPTION

WebSafety, Inc. is a software company that has created mobile apps for the Android and iOS mobile operating systems. WebSafety is based in Las Vegas, Nevada.


DEAL STATS #
Overall 2 of 2
Sector: Construction M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-17 Veridetx

King of Prussia, Pennsylvania, United States

Veridetx, Inc. is a provider of a line of proprietary disinfecting booths. The booths supply information such as identity, temperature, face mask verification, and provide a food grade FDA compliant mist within the booth that kills germs that may be on the person that walks through the booth. Veridetx was founded in 1978 and is based in King of Prussia, Pennsylvania.

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