CDR Systems Corp.

CDR Systems Corp. is a leading manufacturer of polymer concrete and fiberglass composite enclosures for the transmission and distribution (“T&D”) systems of electric, water and gas utilities, cable television and telecom companies, and a range of other infrastructure applications. The Company operates seven strategically located facilities throughout the U.S. and Mexico. Silvergrove’s CEO represented the Florida based family owned Company in a competitive sale process which yielded multiple offers from strategic and private equity buyers, and initiated and executed the sale of the Company to Hubbell Incorporated (NYSE:HUBB), an international manufacturer of electrical and electronic products for the power generation sector, with over $2.7 billion in annual sales.  The highly strategic transaction provided CDR’s shareholders with an attractive valuation and positioned the Company for accelerated growth under Hubbell’s ownership.

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