M&A Deal Summary

Hubbell Power Systems Acquires Cantega Technologies

On December 18, 2019, Hubbell Power Systems acquired electrical equipment company Cantega Technologies

Acquisition Highlights
  • This is Hubbell Power Systems’ 3rd transaction in the Electrical Equipment sector.
  • This is Hubbell Power Systems’ 2nd transaction in Canada.
  • This is Hubbell Power Systems’ 1st transaction in Alberta.

M&A Deal Summary
Date 2019-12-18
Target Cantega Technologies
Sector Electrical Equipment
Buyer(s) Hubbell Power Systems
Deal Type Add-on Acquisition

Target

Cantega Technologies

Edmonton, Alberta, Canada
Cantega Technologies, Inc. is a provider of engineered turnkey animal mitigation solutions, innovative products, technologies, and services all designed to improve our customer's power systems reliability and profitability. Cantega Technologies, Inc. was established in 2001 and is based in Edmonton, Alberta.

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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 6 of 7
Sector (Electrical Equipment) 3 of 3
Type (Add-on Acquisition) 6 of 7
State (Alberta) 1 of 1
Country (Canada) 2 of 2
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-26 Aclara Technologies

Hazelwood, Missouri, United States

Aclara Technologies LLC is a utility communications company, designs, develops, and deploys utility management communications systems for water, gas, and electric utilities in the United States and internationally.

Buy $1.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-25 Electro Industries/GaugeTech

Westbury, New York, United States

Electro Industries/GaugeTech provides advanced energy management systems and power meters that leverage predictive analytics, cloud services, and artificial intelligence for utility and commercial and industrial customers. Electro Industries/GaugeTech is based in Westbury, New York.

Buy -
Mergr

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