CRH plc (NYSE: CRH), a Fortune 500 company and global leader in the building materials industry, has acquired Inwesco Incorporated ("Inwesco"). Inwesco designs, engineers, and manufactures steel, aluminum, and stainless-steel products for overhead and underground distribution systems in the electrical, telecommunications and wastewater industries. The transaction enables meaningful synergies and new opportunities for both companies in the rapidly growing infrastructure products market. 

Owned by the Morris Family since 1999, Inwesco has grown its engineering capabilities and product offering as well as geographic presence by adding locations in Southern California and Texas. Inwesco and the Morris Family desired a partner who could provide resources for future growth, a stable foundation for employees and liquidity for shareholders. Salem Partners built a relationship with Dave and Lisa Morris over multiple years and delivered the ideal transaction to accomplish these goals...(read more). 

​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.
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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)