Wesco Acquires Rahi Systems, a Leading Provider of Hyperscale Data Center Solutions

Listen to this story

Wesco International, which holds leadership in distribution and supply chain solutions, acquired Rahi for $217 million, approximately 7.5x Rahi’s projected trailing twelve months’ adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) as of September 30. 

The acquisition will be aimed at combining Rahi with its Communication and Security Solutions (CSS) strategic business unit. 

Speaking about the acquisition, John Engel, chairman, president and CEO of Wesco, said, “Rahi’s extensive services portfolio strengthens our leading data centre solution offerings for our global customers,” adding that the takeover highlights their continued investment in the high growth data centre segment and further expands cross-sell opportunities across the company.  

THE BELAMY

Sign up for your weekly dose of what's up in emerging technology.

The takeover of Rahi is their first purchase since 2020 when Wesco announced a merger with Anixter, also a B2B distribution and supply chain solutions company. 

Bill Geary, executive vice president and general manager, Wesco Communications and Security Solutions, says, “With over 900 employees in 25 countries and trailing 12-month sales of approximately $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.”

More Great AIM Stories

Ayush Jain
Ayush is interested in knowing how technology shapes and defines our culture, and our understanding of the world. He believes in exploring reality at the intersections of technology and art, science, and politics.

Our Upcoming Events

Conference, in-person (Bangalore)
Machine Learning Developers Summit (MLDS) 2023
19-20th Jan, 2023

Conference, in-person (Bangalore)
Rising 2023 | Women in Tech Conference
16-17th Mar, 2023

Conference, in-person (Bangalore)
Data Engineering Summit (DES) 2023
27-28th Apr, 2023

Conference, in-person (Bangalore)
MachineCon 2023
23rd Jun, 2023

Conference, in-person (Bangalore)
Cypher 2023
20-22nd Sep, 2023

3 Ways to Join our Community

Whatsapp group

Discover special offers, top stories, upcoming events, and more.

Discord Server

Stay Connected with a larger ecosystem of data science and ML Professionals

Subscribe to our newsletter

Get the latest updates from AIM