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New Deal


Announced

Southwire to acquire OBI Partners.

Synopsis

Southwire, a developer, manufacturer and supplier of building wire and utility cable, agreed to acquire OBI Partners, a provider of operational business intelligence solutions, services, and consulting for the electric and gas utility industry. Financial terms were not disclosed. “We are extremely excited to welcome OBI Partners to the Southwire family. OBI’s skills, tools, and expertise, coupled with Southwire’s full suite of wire and cable solutions, will provide the critical operational intelligence and solutions needed to support the growing need for grid reliability and resilience,” Norman Adkins, Southwire Executive Vice President.

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