Contact Info
gtofil@englandco.com (202) 386-6503Office
Washington, DC
1650 Tysons Boulevard
Suite 800
McLean, VA 22102
Glenn T. Tofil
Managing Director
Glenn Tofil has over 25 years of experience in investment banking and strategic consulting. Mr. Tofil has been an advisor to both public and private companies in numerous mergers, acquisitions and restructuring transactions.
Prior to joining England & Company, Mr. Tofil was a co-founder and Managing Partner of Founders Growth Advisors, an acquisition and strategic advisory firm serving middle market companies in the infrastructure and industrial technology markets. Prior to Founders Growth Advisors, Mr. Tofil directed First Union Securities’ Corporate Finance practice focused on electrical, electronics and related industrial technology companies. He has over ten years of investment banking experience with First Union Securities, EVEREN Securities, and Ernst & Young. Prior to entering investment banking, Mr. Tofil spent six years as a consultant with Harlan Brown & Company, a Washington, DC-based strategic advisory firm assisting clients in the assessment of acquisition opportunities and new business development initiatives.
Mr. Tofil received his BA in Economics from The College of William & Mary and his MBA from the University of Chicago with concentrations in Financial Management and Accounting.
Sector Specialities:
- Industrial & Infrastructure
Service Specialities:
- Mergers & Acquisitions
SELECTED TRANSACTION
INERTIA ENGINEERING ACQUIRED BY MACLEAN POWER SYSTEMS
September 2023 – England & Company is pleased to announce that it served as exclusive financial advisor to Inertia Engineering and Machine Works, Inc. (“Inertia”) in its sale to MacLean Power, LLC (“MPS”). Inertia, based in Stockton, California, is a manufacturer of highly advanced switchgear and automation equipment for the utility market. For over 25 years, Inertia’s products have been installed by utilities across the United States and internationally, providing key functionality in power distribution and transmission.
“We are thrilled to have worked with England & Company on this transaction; they went above and beyond for us,” said Megan Rowe, President of Inertia. “England & Company’s in-depth knowledge of the utility market, including its ability to properly position Inertia’s products and technical capabilities with potential buyers and valuable hands-on strategic advice during the transaction process, ensured that our Company found the best possible partner for Inertia’s next stage of growth.”
The acquisition of Inertia extends MPS’ existing product portfolio into advanced overhead switchgear technology sold to utility customers.
CG POWER AND INDUSTRIAL SOLUTIONS DIVESTS QEI BUSINESS
September 2023 – England & Company is pleased to announce that it has recently served as exclusive financial advisor to CG Power and Industrial Solutions Limited (NSE:CGPOWER) in its divestiture of QEI, LLC (“QEI”) to HC Private Investments.
CG, based in Mumbai, India, is a global pioneering leader in the management and application of electrical energy, operating in around 85 countries. Its QEI business, headquartered in Springfield, NJ, is a pioneer in the SCADA and substation automation industry, specializing in electrical network monitoring and control systems and offering innovative hardware and software solutions. Established in 1960, QEI’s unwavering commitment to quality and customer satisfaction solidifies its position as a trusted leader in the utility and transit sectors.
“England & Company’s transaction team was instrumental in navigating us through the many complexities of this sale,” said Normand Lavoie, President of QEI, LLC. “It was extremely helpful to have a partner with in-depth knowledge of the industry, and the England team was key in ensuring our Parent Company’s interests were well-represented.”
Electro Industries / GaugeTech acquired by Hubbell Power Systems, Inc
July 2023 – England Securities is pleased to announce that it served as exclusive financial advisor to EI Electronics LLC (“Electro Industries/GaugeTech”) in its sale to Hubbell Power Systems, Inc. (“HPS”), a subsidiary of Hubbell Incorporated (NYSE: HUBB).
Electro Industries/GaugeTech, based in Westbury, New York, provides advanced energy management systems and power meters that leverage predictive analytics, cloud services, and artificial intelligence for utility and commercial and industrial customers.
For over 45 years, Electro Industries/GaugeTech has led the way in energy management and power monitoring. They offer comprehensive energy management solutions that incorporate cutting-edge metering technology and AI-powered energy management.
HPS, headquartered in Columbia, South Carolina, operates manufacturing facilities in the United States and around the world. HPS is a subsidiary of Hubbell Incorporated and an international manufacturer of quality transmission, distribution, substation, OEM, and telecommunications products for a broad range of non-residential and residential construction and electric, gas, and water utility applications.
Hayward Gordon Acquired By Ebara
October 2022 – England Securities is pleased to announce that it recently served as the exclusive financial advisor to Hayward Gordon L.P. (“Hayward Gordon”) in its sale to EBARA Corporation Japan (“Ebara”).
Based in Halton Hills, ON, Canada, Hayward Gordon supplies a comprehensive line of pumps and mixers to a variety of end markets, including water and wastewater, mining, general industrial, and industrial sanitary. The acquisition is expected to expand Hayward Gordon’s reach and leverage EBARA’s product portfolio and manufacturing expertise.
“We are delighted to join EBARA, whose values closely align with Hayward Gordon in how we serve our customers, provide opportunities for our people, and our commitment to innovation,” said John Hayward of Hayward Gordon.
Prior to the sale, Hayward Gordon was a portfolio company of Element Partners, a private equity firm dedicated to investments in sustainability technology and innovation in large industrial markets.
“We are very pleased to have partnered with England & Company for this transaction,” said Michael Bevan, General Partner of Element Partners. “England’s team was key in helping Hayward Gordon find the right partner, negotiating the terms of deal, and closing the transaction.”