secwatch.observer — SEC 8-K summary
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Issuer:     FEDERAL SIGNAL CORP /DE/ (FSS)
CIK:        0000277509
Form:       8-K
Filed at:   2025-02-14T23:59:59+00:00
Accession:  0000277509-25-000004
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Federal Signal completes acquisition of Hog Technologies for initial $78.1M plus earn-out
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- Initial purchase price $78.1M, plus earn-out up to $15M on 2025 financial targets.
- Acquired Hog's primary manufacturing facility in Stuart, FL for $14.5M.
- Hog generated ~$65M revenue in 2024; aftermarket parts/services ~35% of total.
- Deal funded from cash on hand and revolver; expected accretive to 2025 earnings/cash flow.
- 2025 outlook including Hog impact to be issued during Q4 2024 earnings call later this month.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/277509/000027750925000004/0000277509-25-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/277509/000027750925000004/fss-20250212.htm
  HTML page:      https://secwatch.observer/filing/0000277509-25-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer