Pathfinder buys control room console group Winsted

Pathfinder Companies has bought control room console provider Winsted Corporation.
November 22, 2019 Read time: 1 min

Jack Cardwell, previously at 4080 3M, is Winsted’s new CEO. He was at 3M for 27 years, most recently as vice president, marketing and sales operations. Randy Smith will continue as Winsted’s president.
 
Winsted has been owned and operated by the Hoska family since 1963 but former Winsted owner Steve Hoska said selling was “the right decision for Winsted to move forward”. He added: “We trust the Pathfinder team to support the best long-term interest of the company.”
 
Pathfinder partner Jack Helms said the acquisition is “an exciting opportunity for us”.

Urban Traffic Control

For more information on companies in this article

3M

Related Content

  • Moovit raises $50m to expand urban mobility operating system
    February 26, 2018
    Israel-based Transit app developers Moovit App Global has closed a $50m (£35m) Series D round led by Intel Capital. The funds will be used to expand its global sales team, enhance its consumer products to support user growth and invest in its Mobility as a Service Platform. Additionally, professor Amnon Shashua, senior vice president of Intel and CEO / CTO of Mobileye, will join Moovit’s board of directors as an observer. The app is said to provide transit information to more than 120 million users i
    Read More
  • Vicat net profit up nearly 60%
    August 8, 2018
    French cement, concrete and aggregates group Vicat posted a 59.4% increase in net income for the first half of 2018. Net income in H1 totalled €59million, compared with €40mn for H2 2017. Vicat says the solid performance was helped by growth in Turkey, the United States, France and Kazakhstan. Consolidated sales in H1 2018 totalled €1,281mn, up 2.7% on the same period of 2017. In H1 the cement business posted a 9.7% increase in operational sales at constant scope and exchange rates and a 1.3% increase on
    Read More
  • IRD showcases new European subsidiary
    March 4, 2022
    International Road Dynamics (IRD) will use Intertraffic to showcase its new local subsidiary, IRD EU. The main aims at the show will be to highlight the company’s product and service offer, establish and grow relationships, and pave the way for further acquisitions in four key strategic areas — commercial vehicle safety and enforcement, advanced traffic management for highways and cities, road tolling, and smart cities.
    Read More
  • IRD EU takes centre stage
    March 30, 2022
    International Road Dynamics (IRD) is here at Intertraffic to showcase its new local subsidiary, IRD EU. The main aims are to highlight the company’s product and service offering, establish and grow relationships, and pave the way for further acquisitions in four key strategic areas — commercial vehicle safety and enforcement, advanced traffic management for highways and cities, road tolling, and smart cities.
    Read More

Highlighted Content