Wesco International Set to Acquire Rahi Systems

Wesco International has entered a definitive agreement to acquire Rahi Systems Holdings, Inc., a privately held company headquartered in Fremont, California for $217 million, and a provider of global hyper-scale data centre solutions.

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 of data centre solutions by helping its customers manage and simplify technology. With this acquisition, Wesco will combine Rahi with its Communication and Security Solutions (CSS) strategic business unit.

“This acquisition strengthens our leading data centre solution offerings for our global customers,” said John Engel, Chairman, President and CEO of Wesco. “Rahi’s extensive services portfolio serving the leading global hyper-scale data centre providers expand the cross-sell opportunities across our company.”

“Rahi has a successful history of above-market growth since its inception. With more than 900 employees in 25 countries around the world, this acquisition provides complementary global coverage and enhances our full suite of data centre solutions for contractors, integrators and end-user customers,” said Bill Geary, Executive Vice President and General Manager, Wesco Communications and Security Solutions.

Wesco International builds, connects, powers and protects the world. Headquartered in Pittsburgh, Pennsylvania, Wesco is a FORTUNE 500® company with more than $18 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 18,000 people, partners with the industry’s premier suppliers, and serves thousands of customers around the world, including more than 90% of FORTUNE 100® companies.

With nearly 1,500,000 products, end-to-end supply chain services, and leading digital capabilities, Wesco provides innovative solutions to meet customer needs across commercial and industrial businesses, contractors, government agencies, institutions, telecommunications providers, and utilities. Wesco operates approximately 800 branches, warehouses and sales offices in more than 50 countries, providing a local presence for customers and a global network to serve multi-location businesses and multi-national corporations.

Established in 2012, Rahi is a global IT solutions provider, systems integrator, and value-added reseller that provides full lifecycle technology solutions across various IT disciplines.

With entities, offices, operations, warehouses, and integration centers in 47 office locations in 26 countries worldwide, Rahi offers the advantage of IOR services, local currency billing, and RMA – helping businesses operate efficiently and successfully in any regional location. Rahi combines its global reach and in-depth analysis services to understand customers’ business goals, IT requirements, and operations while delivering successful business outcomes.

ChannelDrive Bureauhttp://www.channeldrive.in
ChannelDrive Bureau covers the latest developments in the space of ICT, technology, solutions and implementations and delivers content focused around solution providers, system integrators, distributors and technology partner community in India. ChannelDrive Bureau is headed by Zia Askari. He can be reached at ziaaskari@channeldrive.in

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