Hubbell completed the acquisition of Ventev from Tessco.

Synopsis

Hubbell, a manufacturer of electrical and electronic products, completed the acquisition of Ventev, a wireless solutions company, from Tessco, a distributor of wireless infrastructure products. Financial terms were not disclosed.

Principals

target

VENTEV

bidder

Hubbell Incorporated

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Market Context

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Seller Team (2)

thad lowe

General Manager at VENTEV

Manager

target

Deal

n/a

Total Value

brian goodwin

Managing Director at Lincoln International

Financial Advisor

target

Deals

£ 463 M

Total Value

Bidder Team (1)

gerben bakker

Chairman, President and CEO at HUBBELL INCORPORATED

Manager

bidder

Deals

£ 1.01 B

Total Value

Vendor Team (1)

dave eckelbarger

CEO at TESSCO TECHNOLOGIES

Manager

vendor

Deal

n/a

Total Value

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