On the Record · Federal Signal
Federal Signal acquisitions, on the record
The businesses Federal Signal bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Trackless Vehicles Limited, Trackless Vehicles Asset Corp, and Work Equipment Ltd. (collectively, Trackless)Word for word“During the year ended December 31, 2023, the Company completed the acquisitions of substantially all of the assets and operations of Trackless Vehicles Limited and Trackless Vehicles Asset Corp, and the wholly-owned subsidiary Work Equipment Ltd. (collectively, “Trackless”) and substantially all of the assets and operations of Blasters, Inc. and Blasters Technologies, LLC (collectively, “Blasters”).” 10-K for 2023 | acquisition | — | — |
Blasters, Inc. and Blasters Technologies, LLC (collectively, Blasters)Word for word“On January 3, 2023, the Company completed the acquisition of substantially all the assets and operations of Blasters, Inc. and Blasters Technologies, LLC (collectively, “Blasters”), a leading U.S. manufacturer of truck-mounted waterblasting equipment.” 10-K for 2023 | acquisition | January 3, 2023 | — |
Standard Equipment Company ("Standard")Word for word“On October 4, 2024, the Company completed the acquisition of substantially all the assets and operations of Standard Equipment Company (“Standard”).” 10-K for 2024 | agreed acquisition | October 4, 2024 | — |
Trackless Vehicles Limited, Trackless Vehicles Asset Corp, and Work Equipment Ltd. ("Trackless")Word for word“The initial cash consideration paid by the Company to acquire Trackless was C$ 56.3 million (approximately $ 41.9 million as of the acquisition date), inclusive of certain closing adjustments.” 10-K for 2024 | acquisition | — | C$ 56.3 million (approximately $ 41.9 million as of the acquisition date) |
Blasters, Inc. and Blasters Technologies, LLC ("Blasters")Word for word“The initial cash consideration paid by the Company to acquire Blasters was $ 13.0 million.” 10-K for 2024 | acquisition | — | $ 13.0 million |
Scranton Manufacturing Company LLC d/b/a New Way TrucksWord for word“On November 25, 2025, the Company completed the acquisition of all of the outstanding equity interests of Scranton Manufacturing Company LLC d/b/a New Way Trucks (“New Way”).” 10-K for 2025 | acquisition | On November 25, 2025 | — |
Kinloch Equipment & Supply, Inc.Word for word“During 2025, the Company completed the acquisitions of Hog for initial consideration of $82.5 million, New Way for an initial payment of $403.6 million, net of cash acquired, and certain assets and operations of Kinloch for $14.9 million.” 10-K for 2025 | acquisition | — | $14.9 million |
Waterblasting, LLC, owner of Hog Technologies, and Waterblasting Eurasia, s.r.o.Word for word“During 2025, the Company completed the acquisitions of Hog for initial consideration of $82.5 million, New Way for an initial payment of $403.6 million, net of cash acquired, and certain assets and operations of Kinloch for $14.9 million.” 10-K for 2025 | acquisition | — | $82.5 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $102.6 million | $0 | $7.1 million |
| 2017-12-31 | $269.2 million | $0 | $136 million |
| 2019-12-31 | $49.6 million | — | $13.9 million |
| 2020-12-31 | $5.4 million | — | $2.5 million |
| 2021-12-31 | $131.8 million | — | $40.3 million |
| 2022-12-31 | $49.8 million | — | $24 million |
| 2023-12-31 | $55 million | — | $17.8 million |
| 2024-12-31 | $39.7 million | — | $8 million |
| 2025-12-31 | $501 million | — | — |
Deal filings since 2016
- 2025-12-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-09-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-10-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-06-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-06-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-05-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-06-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-03-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-02-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-02-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Federal Signal’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.