January 2017 – Sell Side Advisory
About the Transaction
A3 Capital has served as the exclusive financial advisor of GTMS Equipamentos Elétricos Ltda. (“GTMS”) in the sale process to a Brazilian subsidiary of Hubbell Inc. (“Hubbell”). Present throughout the process, A3 Capital’s team identified and presented the opportunity, evaluated the company, advised on the business structure, led the negotiation, and guided the sellers throughout the documentation and closing phases. This acquisition represents a new milestone for Hubbell in Brazil, reinforcing the multinational’s growth and investment commitment in the country. The terms of the acquisition will be kept confidential.
Founded in 2007 by a group of electrical and mechanical engineers in Curitiba-PR, GTMS counts on experienced and qualified professionals in electrical power systems. GTMS manufactures, designs and supplies medium and high voltage disconnectors, ranging from 15 kV to 245 kV. GTMS serves a growing group of customers operating in generation, transmission and distribution of energy, as well as large contractors, who provide specialized services for electric utilities firms.
For further information, please visit: www.gtms.com.br
Hubbell is an international manufacturer of quality electrical and electronic products for a broad range of non-residential and residential construction, industrial and utility applications. With 2015 revenues of USD 3,4 billion, Hubbell operates manufacturing facilities in the United States and around the world. The corporate headquarters is located in Shelton, CT and the company is traded at the New York Stock Exchange under HUBB ticker. In Brazil, prior to the acquisition of GTMS, Hubbell was present through Delmar and Burndy operations, both businesses of its Hubbell Power Systems (HPS) division.