Wabtec Acquires Dellner Couplers from EQT

Wabtec Corporation Acquires Nordco from Greenbriar Equity Group

March 23, 2021

Transportation

Wabtec Corporation has signed a definitive agreement to acquire Nordco, a North American supplier of maintenance-of-way equipment, from Greenbriar Equity Group for $400 million in cash. The acquisition expands Wabtec’s maintenance-of-way and railcar mover offerings, adds Nordco’s aftermarket and inspection technology capabilities, and is expected to be immediately accretive to EBITDA and cash flow while delivering cost synergies.

Wabtec Acquires ARINC Rail Solutions Business from Collins Aerospace

June 16, 2022

Transportation

Wabtec Corporation has acquired Collins Aerospace’s ARINC rail solutions business segment to expand its digital and electronics portfolio for rail optimization; financial terms were not disclosed. The ARINC rail solutions business provides dispatch, back-office, PTC integration, customer information, cybersecurity and life-cycle management services for transit, regional, inter-city, commuter, subway and light rail systems across the U.S. and Canada.

Columbus McKinnon Acquires Dorner from EQT for $485M

March 1, 2021

Manufacturing

Columbus McKinnon Corporation (Nasdaq: CMCO) will acquire Dorner from EQT Private Equity (via EQT Mid Market US) for an enterprise value of USD 485 million. Dorner, headquartered in Hartland, Wisconsin, is a global manufacturer of high-precision conveyor systems with ~400 employees and serves end markets including e-commerce, life sciences and industrial automation; the deal is expected to close in Q2 2021 subject to customary approvals.

Wabtec Acquires Bloom Engineering for $69M

December 30, 2024

Industrial Services

Wabtec Corporation has acquired Bloom Engineering, Inc., a Pittsburgh-based provider of industrial burners and combustion systems, for $69 million in cash. The purchase expands Wabtec’s heat transfer and energy solutions capabilities and is expected to be immediately accretive to EPS, with synergies to be realized over the next three years.

Wabtec Corporation Acquires Fanox and Kompozitum

November 12, 2024

Manufacturing

Wabtec Corporation announced the acquisition of Fanox and Kompozitum for a combined $110 million in cash to strengthen its Transit Business. The deals add protection-relay technology and carbon/graphite manufacturing capabilities to Wabtec’s pantograph and on-board systems, supporting capability expansion and expected accretive growth.

EQOS Group Acquires Colas Rail Belgium

October 4, 2022

Infrastructure

EQOS Group, a Triton Fund IV portfolio company, has acquired Colas Rail Belgium to strengthen its Railway Technology business unit and expand into long-distance rail services in Belgium. Colas Rail Belgium (2021 revenue ~€23M, ~150 employees) will continue to operate from Enghien and Maldegem and will trade as EQOS Energie Belgium SA, broadening EQOS's offering across planning, installation, construction and maintenance of catenary lines and tracks.