The McLean Group advised ENSCO on its recent acquisition of KLD Labs, a provider of automated wayside inspection technology
McLean, Va. – April 26, 2023 – ENSCO, Inc., (ENSCO) a global pioneer in railway inspection technology, has entered into an Equity Purchase Agreement to acquire KLD Labs, Inc. (KLD), a world-leading provider of automated wayside inspection technology and laser profiling solutions. KLD will continue to offer and support its world-class solutions and services to customers as an ENSCO subsidiary.
By combining the industry’s leading inspection technologies, engineering, and service teams, ENSCO and KLD will deliver unrivaled railway inspection technology of track and rollingstock. KLD customers will benefit from ENSCO’s financial strength, technology investments, and global reach including a seasoned field service team operating throughout the world, such as ENSCO Rail Australia Pty Ltd and ENSCO Tecnologias do Brasil LTDA.
KLD Labs is renowned for its extensive history of providing reliable and innovative measurement technology and is pleased to join forces with ENSCO, ensuring the preservation of its legacy
– Dan Magnus, KLD Labs
Magnus further emphasized the substantial advantages this partnership will bring to clients, including enhanced long-term stability, industry-leading certifications in quality and cybersecurity, comprehensive global technical support, and unparalleled expertise in rolling stock and track condition monitoring. The collaboration between KLD and ENSCO is poised to deliver exceptional value and services to their customers in the industry.
ENSCO President, Jeff Stevens, expressed his enthusiasm for the acquisition, stating, “We are delighted to welcome KLD Labs into the ENSCO family. Together, we will provide the railway industry with the most advanced automated track and wayside inspection technology available.” Stevens added, “The integration of KLD Labs and ENSCO uniquely positions us to inspect both rolling stock and track. Coupled with our vehicle/track interaction capabilities, the ENSCO and KLD Labs team will offer the first comprehensive condition assessment technology suite for railways, paving the way for unprecedented levels of safety and efficiency.”
The McLean Group provided financial advisory to ENSCO and Pillsbury Withrop Shaw Pittman LLP provided legal support on this engagement.
About ENSCO, Inc.
With a rich history spanning over five decades, ENSCO has been a trailblazer in the global rail industry, consistently delivering innovative technologies that enhance safety, security, and operational excellence. As a premier provider of automated and autonomous inspection systems, web-based data management platforms, vehicle dynamics analysis and simulations, and large-scale systems integration for federal and commercial projects, ENSCO is committed to the highest standards of quality and performance. Our expert engineers have spearheaded the adoption of advanced inspection measurement technologies, high-resolution imaging solutions, and state-of-the-art automation software to ensure track safety while simultaneously boosting railroad efficiency and productivity. Discover more about ENSCO at https://www.ensco.com.
About KLD Labs, Inc.
Established over three decades ago, KLD Labs, Inc. is a forward-thinking technology company that excels in the design and integration of cutting-edge artificial intelligence (AI) and machine learning (ML) solutions, laser technology, and machine vision systems for automated railway inspection applications. With a global presence in 35 countries, KLD Labs’ products are instrumental in inspecting rolling stock and track infrastructure, ensuring safety against derailment risks, and facilitating efficient railway maintenance operations. To explore the groundbreaking solutions offered by KLD Labs, please visit https://www.kldlabs.com.
About The McLean Group
For over 30 years, The McLean Group has been providing investment banking and financial services offerings focused on the Defense, Government & Intelligence (DGI), Security, Critical Infrastructure, Maritime, Facility Services, Unmanned Systems, and Public Safety markets. Our 60+ professionals bring deep industry experience and relentless execution to every client engagement. We provide solutions that blend financial creativity with operational expertise. Whether we are providing transaction advisory, valuation opinions, or growth capital, our services are unmatched in these core markets. Learn more at www.McLeanLLC.com.
RECENT NEWS
Monthly Middle Market M&A Insider Report (August 2025)
The McLean Group’s August 2025 M&A Insider Report highlights a month of dynamic transaction activity across defense, government, technology, and infrastructure sectors. Notable deals include acquisitions in ISR software, EO/IR satellite payloads, offensive cyber, aerospace components, and laser systems — underscoring strong buyer demand for mission-critical technologies and advanced manufacturing. Valuation multiples remain robust, driven by continued interest from strategic and financial sponsors seeking growth in high-priority national security and infrastructure markets. This report provides executives with a clear view of how current deal flow, sector dynamics, and valuation trends are shaping opportunities for both acquirers and sellers. […]
McLean advised South Central Water Company in its transaction with H2O America
The McLean Group advised South Central Water Company on the divestiture of its Cibolo Valley wastewater treatment plant and related assets to H2O America’s Texas Water Company. The transaction will expand TWC’s footprint in the Texas Hill Country by adding over 1,500 new wastewater connections, with more than 250 additional connections under contract. This acquisition strengthens TWC’s service area and provides customers with increased efficiency and enhanced customer experience solutions. […]
Sell-Side Financial Assessments: Preparing for a Smoother, Stronger M&A Process
In today’s competitive and fast moving M&A market, going to market without a fully developed financial narrative is a missed opportunity and often a costly one. For business owners looking to maximize value and minimize friction, proactive preparation is essential.
That’s where The McLean Group’s Sell Side Financial Assessment comes in. Designed to be more comprehensive and forward looking than a traditional Quality of Earnings (QoE) report, our assessment equips sellers and their advisors with the tools they need to […]