Lindsay Corporation Completes Acquisition of Minority Interest in Pessl Instruments

First Reserve Makes Majority Equity Investment in Lindsey Systems

April 7, 2026

Infrastructure

First Reserve completed a majority equity investment in Lindsey Systems, a family-owned provider of proprietary products and engineered solutions for electric grid transmission and distribution. The capital is intended to support Lindsey’s next phase of growth and accelerate its strategic plan to expand capabilities, innovation, and scale amid grid modernization demand.

Crane Company Acquires Precision Sensors & Instrumentation (PSI) from Baker Hughes

January 1, 2026

Industrial Services

Crane Company has closed its previously announced acquisition of Precision Sensors & Instrumentation (PSI) from Baker Hughes. The transaction was valued at $1.06 billion after adjusting for expected tax benefits (with an estimated net present value of approximately $90 million).

Lindsay Corporation Acquires FieldWise LLC

July 31, 2023

Agriculture

Lindsay Corporation has acquired FieldWise, LLC, a Norfolk, Nebraska–headquartered provider of subscription-based precision irrigation and remote monitoring solutions. FieldWise will continue to operate independently while the acquisition strengthens Lindsay's smart irrigation and AgTech capabilities and expands its distribution and customer reach globally.

Lindsay Goldberg Acquires Majority Interest in Pike Corporation

December 21, 2020

Infrastructure

Affiliates of Lindsay Goldberg acquired a majority interest in Pike Corporation, a leading U.S. provider of infrastructure, construction and engineering services to utilities. The transaction supplies Pike with new equity and an incremental term loan B to support growth and strategic initiatives while founder J. Eric Pike and other existing investors remain significant shareholders.

Lindsay Corporation Acquires Net Irrigate, LLC

July 7, 2020

Agriculture

Lindsay Corporation has acquired Net Irrigate, LLC and will integrate the company's remote irrigation monitoring devices and reporting software into its FieldNET brand. The acquisition expands Lindsay's IoT and remote irrigation management capabilities to help growers and government customers improve water and energy efficiency.

Lindsay Corporation Acquires Elecsys Corporation

January 23, 2015

Manufacturing

Lindsay Corporation (NYSE: LNN) completed the acquisition of Elecsys Corporation (NASDAQ: ESYS) on January 23, 2015, paying $17.50 per share in cash. Elecsys — a provider of machine-to-machine (M2M) technology and custom electronic systems headquartered in Olathe, Kansas — will continue to be operated by its existing management and will support Lindsay's strategy to expand advanced water-management and M2M capabilities.