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Market Street Capital Advises Dulworth Enterprises on Its Sale to CXT Incorporated, a Subsidiary of L.B. Foster Company

  • Market Street Capital acted as exclusive financial advisor to Dulworth Enterprises, Inc. on its sale to CXT Incorporated, a subsidiary of L.B. Foster Company.
  • The transaction closed on October 28, 2026, with CXT acquiring substantially all of Dulworth's residential wastewater precast products & Aeris Aerobics treatment systems business for approximately $52.2 million in cash.
  • Dulworth is a Rice, Texas-based family-founded manufacturer specializing in precast concrete wastewater solutions for the residential market.
  • The deal combines Dulworth's products & production capabilities with CXT's existing precast concrete operations.
  • Tommy Dulworth, Co-Founder & President, credited Market Street representatives Daniel Langston & Sam for guiding the sale, managing due diligence, & enabling the family to focus on business operations.
  • Market Street managed the marketing process, engaged prospective buyers, & assisted with negotiations through closing.
  • Market Street Capital is a boutique investment banking firm with over 30 years of combined M&A & capital markets experience & representatives in Texas, California, Louisiana, New York, & Switzerland.
  • Transaction details are based on public disclosures by L.B. Foster Company & have not been independently verified by Market Street.