Mergers & Acquisitions

DMC Power Acquired by Hubbell

6887 DMC Power NT

M&A Engagement Overview

Industry Groups: Energy, Power & Infrastructure; Industrials
Areas of Focus: Industrial Technology, Power Equipment and Technologies

Harris Williams advised DMC Power, a portfolio company of Golden Gate Capital, on their sale to Hubbell. DMC Power is a leading designer and manufacturer of proprietary connector technology systems for high-voltage power infrastructure.

Mission-critical industrial technology and power component companies continue to attract significant investor interest. Strong market tailwinds are driven by increasing electricity demand, aging infrastructure, grid hardening, and federal funding initiatives, while a meaningful portion of transmission infrastructure is approaching the end of its useful life.

DMC Power designs and manufactures the highest quality connection systems for transmission, distribution, substation, and industrial projects. The company pioneered swage technology in the electrical utility market and has experienced tremendous growth driven by the adoption of their proprietary technology by utilities across the U.S., displacing legacy connector solutions.

DMC Power’s unique swage connection system offers a strong complement to Hubbell’s existing substation and transmission connector solutions. DMC Power’s combination with Hubbell deepens and broadens Hubbell’s technology offering with their core customers, enabling fast, reliable buildout of substation and transmission infrastructure and datacenter interconnections while further accelerating their near- and long-term growth profile.

Contact the Harris Williams Energy, Power & Infrastructure Group and Industrials Group to learn more about this client engagement.