Cantega Technologies & Reliaguard have been acquired by Hubbell
December 2019 – England & Company served as the exclusive financial advisor to Cantega Technologies, Inc. (“Cantega”) and Reliaguard, Inc. (“Reliaguard”) in their sale to Hubbell Power Systems, Inc., a subsidiary of Hubbell Incorporated (NYSE: HUBB).
Cantega is a leader in highly engineered precise fit cover up solutions to prevent wildlife caused power outages within utility substations. Reliaguard, an affiliated entity of Cantega, provides high performance wildlife mitigation products for overhead electric distribution networks. Together, Cantega and Reliaguard, provide utilities with a comprehensive wildlife mitigation solution for substation and overhead distribution networks.
“We are extremely pleased with the outcome of this transaction. The acquisition by Hubbell will expand the reach of Cantega’s best in class solution,” said Brent Stankowski, CEO of Cantega. “England & Company did an exceptional job identifying the right strategic partner. Their team played an instrumental role in structuring this transaction and then getting it completed. We received partner-level attention and excellent support from their entire team.”