Highest-materiality recent filing
Federal Signal closes Mega Corp. acquisition; expects 2026 accretion
Completed purchase of Mega Corp., a maker of specialty vehicles for metal extraction and construction.
Federal Signal completes $426M New Way Trucks acquisition; raises 2025 guidance
Paid $396M for equity plus $30M for Iowa and Mississippi facilities; deal closed Nov 25, 2025.
Federal Signal to acquire New Way Trucks for $396M; expands into refuse vehicle market
Initial purchase price $396M plus $30M for facilities; up to $54M earnout; ~11x 2026E EBITDA after tax benefits.
Federal Signal declares $0.14 dividend and authorizes $150M stock buyback
Quarterly cash dividend of $0.14 per share declared, payable May 30, 2025 to holders of record May 16, 2025.
Federal Signal completes acquisition of Hog Technologies for initial $78.1M plus earn-out
Initial purchase price $78.1M, plus earn-out up to $15M on 2025 financial targets.
Federal Signal acquires Standard Equipment for $38.8M plus earn-out
Initial purchase price of $38.8M, with contingent earn-out up to $4.8M based on financial targets.
Federal Signal completes Trackless Vehicles acquisition; expects 2023 accretion
Closed acquisition of Trackless Vehicles Limited on April 3, 2023.
New $800M credit facility comprises $675M revolver and $125M term loan, maturing October 2027.
Federal Signal completes $46.1M acquisition of TowHaul
Purchase price $46.1M, subject to post-closing adjustments; closed Oct 3, 2022.
Federal Signal signs agreement to acquire TowHaul for $46.1M cash
Purchase price of $46.1M in cash for substantially all assets and operations of TowHaul, including manufacturing facility in Belgrade, MT.
Federal Signal completes acquisition of Deist Industries truck body and waste systems
Acquisition of substantially all assets of Deist closed on December 30, 2021.
Federal Signal completes $45M acquisition of Ground Force Worldwide
Acquisition of specialty material handling vehicles manufacturer Ground Force closed on Oct 4, 2021.
Federal Signal acquires Ground Force Worldwide for $45M cash, expects Q4 close
Cash consideration of $45M for substantially all assets and operations of Ground Force Worldwide (GFW).
On November 20, 2023, the Board of Directors (the “Board”) of Federal Signal Corporation (the “Company”) increased its size from seven to eight directors and, following the recommendation of the Nominating and Governance Committee of the Board, appointed Katrina L. Helmkamp to the Board, effective November 20, 2023.
Mr. DuPré’s retirement from the position of Vice President, General Counsel and Secretary was effective April 26, 2022.
Mr. DuPré, who will continue to be employed by the Company, will be succeeded by Diane Bonina, also effective April 26, 2022.
Daniel A. DuPré, a named executive officer in the most recent proxy statement filed on March 11, 2022 by Federal Signal Corporation (the “Company”), will retire from his current position as the Company’s Vice President, General Counsel and Secretary effective April 26, 2022.
appointed Shashank Patel to the Board, effective immediately.
Max materiality 0.80 · Median 0.45 · Most common event m_and_a