G&W Electric Acquires Smart Grid Solution Provider Safegrid

Acquisition strengthens fault detection, predictive analytics, and grid resilience for utility customers worldwide

BOLINGBROOK, Ill.--(BUSINESS WIRE)--G&W Electric (www.gwelectric.com), a global leader in innovative power grid solutions, today announced the acquisition of Safegrid (www.safegrid.io), a leading provider of intelligent grid monitoring solutions based in Finland with locations in Espoo and Turku. The acquisition expands G&W Electric’s digital and analytics capabilities and supports its long-term strategy to help utilities improve visibility, reliability, and performance across medium and high voltage distribution and transmission networks.

G&W Electric has been a shareholder and strategic partner with Safegrid, piloting the technology with utility customers prior to the acquisition. The transaction formalizes and accelerates a collaboration that has already demonstrated strong alignment between Safegrid’s software capabilities and G&W Electric’s equipment portfolio.

Safegrid has developed the Intelligent Grid System®, a grid monitoring solution that combines instant-on wireless sensors with advanced analytics to deliver real-time insight into grid conditions. Designed for rapid deployment, the solution enables utilities to identify emerging issues, anticipate failures, and reduce outage duration for enhanced asset health management. The technology has been widely adopted by utilities in Finland and surrounding regions and is gaining momentum in the U.S., Europe and APAC.

The acquisition comes at a time of accelerating demand for grid intelligence, driven by electrification, the rapid expansion of data center infrastructure, and the growing complexity of power distribution networks. By bringing together proven hardware with intelligent monitoring and predictive analytics, G&W Electric is building the foundation for a new generation of grid solutions that combine physical infrastructure with digital insight.

“As power distribution systems are becoming more complex and more critical, utilities need deeper, faster insight into what is happening in their networks,” said John Mueller, chairman and owner of G&W Electric. “We have seen through our partnership with Safegrid how their technology complements what we do. By bringing Safegrid into G&W Electric, we are accelerating our strategy to integrate intelligent monitoring and predictive analytics into our power distribution portfolio, giving customers the tools they need to operate their grids more confidently, efficiently, and resiliently.”

G&W Electric’s deep expertise in power grid automation and Safegrid’s advanced sensing and analytics technology will deliver a more comprehensive approach to grid intelligence. Utilities will have enhanced visibility into system-level challenges, enabling more accurate monitoring of the age, condition, and health of installed electrical equipment. This integrated approach will support improved fault prediction, faster restoration times, and stronger grid resilience.

“G&W Electric shares our vision for smarter, more resilient grids supported by Asset Health Intelligence,” said Paula Laine, CEO of Safegrid Oy. “Their industry experience, customer relationships, engineering depth, and presence in over 100 countries create new opportunities to bring our technology to utilities worldwide. We are excited to work as one team to address the evolving challenges facing power distribution networks.”

Safegrid will continue to operate from its headquarters in Espoo, Finland, with the people, technology, and culture that have driven its success remaining central to the combined organization. G&W Electric is investing in the continued development of Safegrid’s technology and its expansion into new markets as both teams work together to scale intelligent grid solutions globally.

Financial terms of the transaction were not disclosed.

For more information about G&W Electric and its commitment to grid transformation and innovation, visit www.gwelectric.com.

About Safegrid

Safegrid Oy is a leading provider of intelligent grid solutions that help utilities and grid operators locate, predict, and prevent grid faults. With its Intelligent Grid System®, Safegrid enhances grid performance and reliability using instant-on wireless sensors and advanced analytics, ensuring a safer and more resilient power supply. Safegrid is headquartered in Espoo, Finland. For more information, visit www.safegrid.io.

About G&W Electric

Founded in 1905, G&W Electric is a global leader in innovative power grid solutions, offering advanced load and fault interrupting switches, reclosers, sensors, system protection equipment, power grid automation, intelligent grid monitoring, and transmission and distribution accessories. Headquartered in Bolingbrook, Illinois, U.S.A., with manufacturing and sales support in over 100 countries, G&W Electric helps customers overcome challenges and gain a competitive edge with cutting-edge hardware and software solutions and technical services. For more information, visit www.gwelectric.com. Follow G&W Electric on X @GW_Electric and LinkedIn.