Hubbell Incorporated, (NYSE: HUBB) $8.62B, manufacturer of electronic, industrial, and utility products to solve business challenges, has acquired Armorcast Products Company (“Armorcast”). In coming together, Armorcast’s strong customer base and diverse product line helps Hubbell’s west coast expansion and entry into new market opportunities.
Salem Partners has enjoyed a long-standing relationship with the Boghossian family, 2nd generation owners of Armorcast. Following a decade of strong growth, Armorcast engaged Salem Partners in mid-2020 as exclusive sell-side financial advisor.
Salem Partners orchestrated a competitive bidding process that included strategic and private equity buyers. Salem worked alongside Armorcast throughout the transaction on due diligence follow up, buyer negotiations, and company integration...(read more)
Salem Partners has enjoyed a long-standing relationship with the Boghossian family, 2nd generation owners of Armorcast. Following a decade of strong growth, Armorcast engaged Salem Partners in mid-2020 as exclusive sell-side financial advisor.
Salem Partners orchestrated a competitive bidding process that included strategic and private equity buyers. Salem worked alongside Armorcast throughout the transaction on due diligence follow up, buyer negotiations, and company integration...(read more)
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