Wesco International Announces Agreement To Acquire Rahi Systems, A Leading Provider Of Global Hyperscale Data Center Solutions
Wesco International Announces Agreement To Acquire Rahi Systems, A Leading Provider Of Global Hyperscale Data Center Solutions
09/07/22, 10:53 AM
Location
pittsburghIndustry
supply chain management
logistics
oil and gas
security
Wesco International (NYSE: WCC) today announced it has entered a definitive agreement to acquire Rahi Systems Holdings, Inc., a privately held company headquartered in Fremont, California for $217 million, and a leading provider of global hyperscale data center solutions. The purchase price represents approximately 7.5x Rahi’s projected trailing twelve months adjusted earnings before interest, taxes, depreciation and amortization (EBITDA).
Company Info
Location
mail 225 west station square drive
Pittsburgh, Pennsylvania, United States
Company info
Wesco International (NYSE: WCC) is a FORTUNE 500® company with more than $22 billion in annual sales and a leading provider of business-to-business distribution, logistics services, and supply chain solutions. Wesco offers a best-in-class product and services portfolio of Electrical and Electronic Solutions, Communications and Security Solutions, and Utility and Broadband Solutions. The Company employs approximately 20,000 people, partners with the industry's premier suppliers, and serves thousands of customers around the world.