Wesco International finalises purchase of Rahi Systems

Wesco International has announced that it has completed the purchase of Rahi Systems Holdings, a provider of global hyperscale data centre solutions. Wesco previously announced its plan to acquire Rahi on September 7, 2022.

The final purchase price of USD 217 million represents approximately 7.5 times Rahi’s projected trailing twelve months adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) as of September 30, 2022.

Rahi Systems serves the full lifecycle of data centre solutions. With this acquisition, Wesco will combine Rahi with its Communication and Security Solutions (CSS) strategic business unit.

John Engel, Chairman, President and CEO of Wesco, said: “Rahi’s extensive services portfolio strengthens our leading data center solution offerings for our global customers. This acquisition, the first since the transformational combination of Wesco and Anixter, highlights our continued investment in the high growth data centre segment and further expands cross-sell opportunities across our company.”

Bill Geary, executive vice president and general Manager, Wesco Communications and Security Solutions, said: “With over 900 employees in 25 countries and trailing 12-month sales of approximately USD 400 million, Rahi provides complementary global coverage and enhances our full suite of data centre solutions for contractors, integrators and end-user customers. This significant investment fuels growth for our technology focused customers, who can now leverage the combined global footprint, infrastructure and IT expertise of Wesco.”

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