Sentinel Capital Partners to sell NSI Industries to Hubbell for $3B

Sentinel Capital Partners announced it has signed a definitive agreement to sell NSI Industries, a manufacturer and supplier of branded electrical products, to Hubbell (HUBB) for $3B. Following Sentinel’s 2024 acquisition of NSI, the firm executed a key strategic initiative by divesting NSI’s HVAC division to Lennox International (LII) for approximately $550M. This repositioned NSI as a pure-play manufacturer of branded electrical products, enabling greater operational focus and unlocking significant value.