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Wesco International Acquires Data Center Management Services Provider Ascent

  • December 10, 2024
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Wesco International has completed its purchase of Ascent, a privately held company headquartered in St. Louis, Missouri and a premier provider of data center facility management services. Wesco previously announced its plan to acquire Ascent on October 31. Ascent, known for its specialized data center facility and property management services, has $115 million in trailing twelve-month sales as of June 30 and a three-year sales compound […]

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Data Center

Wesco completes Acquisition of Hyperscale Data Center Solutions provider Rahi Systems

  • November 3, 2022
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Wesco International has announced it has completed the purchase of Rahi Systems Holdings, a leading provider of global hyper-scale data center solutions. Wesco previously announced its plan to acquire Rahi on September 7, 2022. The final purchase price of $217 million represents approximately 7.5x Rahi’s projected trailing twelve months of adjusted earnings before interest, taxes, […]

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News

Wesco International to Acquire Hyperscale Data Center Solutions provider Rahi Systems

  • September 10, 2022
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Wesco International has announced that it has entered a definitive agreement to acquire Rahi Systems Holdings, a leading provider of global hyper-scale data centre solutions, for $217 million. The purchase price represents approximately 7.5x Rahi’s projected trailing twelve months of adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). Rahi Systems serves the full lifecycle […]

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