Acquisition Details - Hubbell Incorporated has completed the acquisition of DMC Power, LLC from an affiliate of Golden Gate Capital [1] - The acquisition was financed through a new unsecured term loan facility totaling $600 million and issuances of commercial paper [1] Company Overview - DMC Power specializes in designing and manufacturing connector technology systems for high voltage power infrastructure, employing over 350 people [2] - DMC Power operates two manufacturing facilities located in Carson, CA and Olive Branch, MS, along with multiple distribution facilities across North America [2] Hubbell's Business Profile - Hubbell Incorporated is a leading manufacturer of utility and electrical solutions, with 2024 revenues reported at $5.6 billion [3] - The company focuses on enabling customers to operate critical infrastructure safely, reliably, and efficiently [3] - Hubbell's corporate headquarters is situated in Shelton, CT [3]