Kingswood Capital Management, L.P entered into a definitive agreement to acquire Progress Lighting, Inc. from Hubbell Incorporated (NYSE:HUBB) for approximately $131 million on December 21, 2023. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close in the first quarter of 2024.
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- Kingswood Capital Management, L.P entered into a definitive agreement to acquire Progress Lighting, Inc. from Hubbell Incorporated for approximately $131 million.