Here's the Deal
Baird's Investment Banking Group is pleased to announce the following transaction:
Badger Meter, Inc.
Acquisition of Racine Federated, Inc.
Baird served as the exclusive financial advisor to Badger Meter, Inc. on this transaction
Badger Meter, Inc. (“Badger Meter” or the “Company”) (NYSE:BMI) recently completed its acquisition of Racine Federated, Inc. (“Racine Federated”).
Headquartered in Milwaukee, Wisconsin, Badger Meter is a leading manufacturer and marketer of products incorporating liquid flow measurement and control technologies. The Company’s core competency is flow measurement solutions and its products are used in a wide variety of applications, including water, oil and chemicals.
Racine Federated manufactures turbine, variable area, hydraulic testing, differential pressure, vortex shedding and ultrasonic flow measurement products under the trade names Blancett®, Dynasonics®, Flo-Tech™, Hedland®, Preso® and Racine™ Vortex. Racine Federated is based in Racine, Wisconsin, with a subsidiary in Thetford, United Kingdom.
Badger Meter is publicly traded on the New York Stock Exchange.