M&A Deal Summary

Hubbell Power Systems Acquires USCO Power Equipment

On August 19, 2008, Hubbell Power Systems acquired electrical equipment company USCO Power Equipment for 26M USD

Acquisition Highlights
  • This is Hubbell Power Systems’ 1st transaction in the Electrical Equipment sector.
  • This is Hubbell Power Systems’ 3rd largest (disclosed) transaction.
  • This is Hubbell Power Systems’ 2nd transaction in the United States.
  • This is Hubbell Power Systems’ 1st transaction in Alabama.

M&A Deal Summary
Date 2008-08-19
Target USCO Power Equipment
Sector Electrical Equipment
Buyer(s) Hubbell Power Systems
Deal Type Add-on Acquisition
Deal Value 26M USD

Target

USCO Power Equipment

Leeds, Alabama, United States
USCO Power Equipment Corporation,engages in the manufacturing of high-voltage air-break disconnecting switches.

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Buyer(S) 1

Buyer

Hubbell Power Systems

Columbia, South Carolina, United States
Category Company
Founded 1994
Sector Electrical Equipment
DESCRIPTION

Hubbell Power Systems, Inc. manufactures transmission, distribution, substation, OEM, and telecommunications products used by utilities.

DEAL STATS #
Overall 2 of 7
Sector (Electrical Equipment) 1 of 3
Type (Add-on Acquisition) 2 of 7
State (Alabama) 1 of 1
Country (United States) 2 of 5
Year (2008) 1 of 3
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-03 PCORE Electric

Leroy, New York, United States

PCore is a LeRoy, N.Y.-based provider of high-voltage condenser bushings and related components and services to high-power transformer manufacturers. Houlihan Lokey Howard & Zukin advised the sellers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-24 CDR Systems

Ormond Beach, Florida, United States

CDR Systems Corp. is a manufacturer of polymer concrete and fiberglass composite enclosures for the transmission and distribution (“T&D”) systems of electric, water and gas utilities, cable television and telecom companies, and a range of other infrastructure applications.

Buy $69M
Mergr

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