Federal Signal Completes Acquisition of Hog Technologies, A Leading U.S. Manufacturer of Road-Marking, Line-Removal and Waterblasting Equipment
Federal Signal Corporation (FSS)
Last federal signal corporation earnings: 4/29 08:00 am
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US:NYSE Investor Relations:
federalsignal.com/investors
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Source: PR Newswire
DOWNERS GROVE, Ill., Feb. 12, 2025 /PRNewswire/ -- Federal Signal Corporation (NYSE: FSS) ("Federal Signal" or the "Company"), a leader in environmental and safety solutions, today announced that it has completed the acquisition of substantially all the assets and operations of Waterblasting, LLC, owner of Hog Technologies ("Hog"), a leading U.S. manufacturer of truck-mounted road-marking, line-removal, and waterblasting equipment for an initial purchase price of $78.1 million. The initial purchase price, which was funded through existing cash on hand and borrowings under the Company's revolving credit facility, is subject to certain customary adjustments for working capital and debt-like items. In addition, there is a contingent earn-out opportunity of up to $15 million, based on the achievement of specified financial targets during 2025. Additionally, Federal Signal has entered into a definitive agreement to acquire Hog's primary manufacturing facility in Stuart, Florida for $14.5 m
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FSS
Earnings
- 10/30/25 - Beat
FSS
Sec Filings
- 12/19/25 - Form 4
- 12/18/25 - Form 8-K
- 12/1/25 - Form 8-K
- FSS's page on the SEC website