Wesco International (NYSE: WCC), Pittsburgh, PA, provider of B2B distribution, logistics services and supply chain solutions, announced that it has agreed to acquire Rahi Systems.
Rahi Systems, a provider of global hyperscale data center solutions, is headquartered in Fremont, Calif. The purchase amount of $217 million is 7.5x the amount of Rahi Systems’ trailing 12-month period of adjusted earnings before interest, taxes, depreciation and amortization. Wesco will combine Rahi with its Communication and Security Solutions (CSS) strategic business unit.
“This acquisition strengthens our leading data center solution offerings for our global customers,” said John Engel, Chairman, President and CEO of Wesco. “Rahi’s extensive services portfolio serving the leading global hyperscale data center providers expands the cross-sell opportunities across our company.”