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.