Public Company Manufacturing

Hubbell Incorporated

Shelton, Connecticut, United States

Manufacturer of utility and electrical solutions that help build more reliable, resilient, and renewable energy infrastructure, with focus on grid modernization and energy efficiency.

Focus Areas
Utility and electrical infrastructure solutions, Electrical connectors and tooling, Substation control and relay panels
Website
hubbell.com

Tracked deals

6

6 tracked deals across 2019-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Buyout

6 buyout

Hubbell Incorporated Acquisition Volume by Year

Last 6 years

Acquisition volume by year Annual acquisition counts for the last 6 years for Hubbell Incorporated. 1 2019 1 2021 1 2022 1 2023 1 2025 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Hubbell Incorporated
    Target
    NSI Industries
    Seller
    Sentinel Capital Partners
    Type
    Buyout

    Hubbell Incorporated agreed to acquire NSI Industries for approximately $3.0 billion in cash to expand its Electrical Solutions portfolio. The deal is expected to close in mid-2026, subject to customary regulatory approvals.

  • Buyer
    Hubbell Incorporated
    Target
    DMC Power, LLC
    Seller
    Golden Gate Capital
    Type
    Buyout

    Hubbell Incorporated has entered into a definitive agreement to acquire DMC Power, a provider of connectors and tooling for utility substation and transmission markets, for $825 million in cash, subject to customary adjustments. The deal is expected to close by the end of 2025 following regulatory approvals, and Hubbell plans to finance it with a combination of cash on hand and debt.

  • Buyer
    Hubbell Incorporated
    Target
    Systems Control (Northern Star Holdings, Inc.)
    Seller
    Comvest Partners
    Industry
    Manufacturing
    Type
    Buyout

    Hubbell Incorporated agreed to acquire Systems Control (Northern Star Holdings, Inc.), a manufacturer of substation control and relay panels headquartered in Iron Mountain, Michigan, for $1.1 billion in cash. The transaction — previously announced Oct 2023 — closed in December 2023; Systems Control reported estimated 2024 sales of approximately $400 million and was a Comvest Partners portfolio company since 2018.

  • Buyer
    Hubbell Incorporated
    Target
    Ripley Tools
    Seller
    CW Industrial Partners, LLC
    Industry
    Manufacturing
    Type
    Buyout

    Hubbell Incorporated has acquired Ripley Tools, a U.S. manufacturer of professional hand tools and test & measurement equipment for fiber optic, coaxial, telecom and electrical utility markets, from Cleveland-based private equity firm CW Industrial Partners. The sale, announced July 2022, expands Hubbell's product offerings for utility and communications end markets; terms were not disclosed.

  • Buyer
    Hubbell Utility Solutions (Hubbell Incorporated)
    Target
    Beckwith Electric Co., Inc.
    Seller
    Beckwith Electric Co., Inc.
    Industry
    Manufacturing
    Type
    Buyout

    Hubbell Incorporated’s Utility Solutions division has acquired Beckwith Electric Co., Inc., a Largo, Florida-based manufacturer of protection and control products for electric utility and industrial markets. The acquisition expands Hubbell’s product portfolio and capabilities in advanced distribution automation and protection & control technologies for utility customers.

  • Buyer
    Hubbell Power Systems, Inc. (Hubbell Incorporated)
    Target
    Cantega Technologies, Inc., Reliaguard, Inc.
    Industry
    Energy
    Location
    Alberta, Canada
    Type
    Buyout

    Hubbell Power Systems, a subsidiary of Hubbell Incorporated, has acquired Cantega Technologies, Inc. and affiliated Reliaguard, Inc. The deal adds Cantega and Reliaguard’s wildlife-mitigation products for substations and overhead distribution to Hubbell’s utility product portfolio, expanding its capability to reduce animal-related outages across utility networks.

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