Sun Capital exits Aclara in $1.1 bln sale after three-year hold

Sun Capital Partners, Aclara Technologies, utilities, metering, Hubbell Power Systems, private equity, merger, M&A
Photo of electric meters found in residential and commercial business courtesy of onurdongel/istock/Getty Images
Sun Capital Partners is exiting Aclara Technologies LLC after a three-year hold. Hubbell Power Systems Inc said Dec. 26 it would buy Aclara for $1.1 billion. The St. Louis company provides smart meters and other field devices to more than ...

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