Hubbell incorporated completes acquisition of systems control

Shelton, ct, dec. 12, 2023 (globe newswire) -- hubbell incorporated (nyse: hubb) (“hubbell”) today announced that it has completed its acquisition of northern star holdings, inc. (commercially known as systems control), a portfolio company of comvest partners. hubbell financed the acquisition and related transactions with net proceeds from borrowings under a new unsecured term loan facility in the aggregate principal amount of $600 million, cash on hand, and issuances of commercial paper.
HUBB Ratings Summary
HUBB Quant Ranking