Wabtec Acquires Evident Inspection Technologies Division for $1.78 Billion

Wabtec to Acquire Frauscher Sensor Technology Group for €675 Million

July 7, 2025

IT Services

Wabtec has entered into a definitive agreement to acquire Frauscher Sensor Technology Group, a supplier of train detection, wayside object control, and axle counting systems. The deal is valued at an enterprise value of €675 million in cash and is expected to accelerate Wabtec’s Digital Intelligence growth and strengthen its railway signaling portfolio.

Wabtec Corporation Acquires Super Metal

November 17, 2022

Industrial Services

Wabtec Corporation signed a definitive agreement to acquire Super Metal, a Brazilian supplier of automated vehicles and railway maintenance equipment solutions. Wabtec said the acquisition complements its Nordco acquisition and is intended to expand its railway maintenance-of-way portfolio and accelerate international growth, particularly in Latin America, Asia, and Africa.

Bain Capital Private Equity Acquires Evident (formerly Olympus Scientific Solutions) from Olympus Corporation

August 29, 2022

Medical Devices

Bain Capital Private Equity has signed a definitive agreement to acquire Evident Corporation (formerly Olympus Scientific Solutions) from Olympus Corporation. Evident, a global manufacturer of microscopes, videoscopes and non-destructive testing equipment for life science and industrial markets, will operate as an independent company with Bain supporting expansion of digital products, workflow integration and automation; the deal was expected to close in Q1 2023 subject to regulatory approvals.

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.

Wabtec to Acquire Trimble’s Beena Vision Business to Expand Digital Rail Wayside Inspection

April 20, 2022

Industrial Services

Wabtec Corporation has signed a definitive agreement to acquire Trimble’s Beena Vision business, which makes machine vision-based wayside inspection systems for the railroad industry. The acquisition is intended to pair Beena Vision’s technologies with Wabtec’s TrackIQ portfolio to create a comprehensive wayside inspection offering for rolling stock condition monitoring. Financial terms were not disclosed and the deal is subject to customary closing conditions.

Bain Capital Private Equity Acquires Evident Corporation from Olympus

April 3, 2022

Medical Devices

Bain Capital Private Equity has completed the acquisition of Evident Corporation (formerly the Scientific Solutions Division of Olympus) following regulatory approvals. The deal creates an independent company focused on microscopes, imaging and non-destructive testing equipment, with Bain supporting product innovation and global expansion.