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On the Record · Wesco International

Wesco International acquisitions, on the record

The businesses Wesco International bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Rahi Systems Holdings, Inc.
Word for word“On November 1, 2022 , through its wholly-owned subsidiary WESCO Distribution, Inc. (“Wesco Distribution”), the Company acquired 100% of the equity securities of Rahi Systems Holdings, Inc. (“Rahi Systems” or “Rahi”).” 10-K for 2023
acquisitionNovember 1, 2022—
Canadian legacy Wesco utility and data communications businesses
Word for word“In February 2021, the Company completed such divestitures for cash consideration totaling $ 56.0 million.” 10-K for 2023
divestitureFebruary 2021—
Ascent, LLC ("Ascent")
Word for word“Ascent, LLC is a wholly-owned subsidiary whose total assets and total net sales excluded from management’s assessment and our audit of internal control over financial reporting each represent less than 1% of the related consolidated financial statement amounts as of and for the year ended December 31, 2024.” 10-K for 2024
acquisition——
Rahi Systems
Word for word“In 2020, we completed our merger with Anixter; in 2022, we completed the acquisition of Rahi Systems; and in 2024, we completed several acquisitions, including those of entroCIM, Independent Electric Supply, and Ascent.” 10-K for 2024
acquisitionin 2022—
entroCIM
Word for word“Investing activities primarily included $354.9 million in proceeds from the divestiture of the WIS business, net of cash transferred, partially offset by $221.3 million paid in the aggregate to acquire Ascent, the entroCIM business (“entroCIM”), and Independent Electric Supply Inc. (“IES”), net of cash acquired, and $94.7 million of capital expenditures mostly consisting of internal-use computer software and information technology hardware to support our digital transformation initiatives, as well as equipment and leasehold improvements to support our global network of locations.” 10-K for 2024
acquisition—$221.3 million paid in the aggregate to acquire Ascent, the entroCIM business (“entroCIM”), and Independent Electric Supply Inc. (“IES”), net of cash acquired
Independent Electric Supply Inc. ("IES")
Word for word“Investing activities primarily included $354.9 million in proceeds from the divestiture of the WIS business, net of cash transferred, partially offset by $221.3 million paid in the aggregate to acquire Ascent, the entroCIM business (“entroCIM”), and Independent Electric Supply Inc. (“IES”), net of cash acquired, and $94.7 million of capital expenditures mostly consisting of internal-use computer software and information technology hardware to support our digital transformation initiatives, as well as equipment and leasehold improvements to support our global network of locations.” 10-K for 2024
acquisition—$221.3 million paid in the aggregate to acquire Ascent, the entroCIM business (“entroCIM”), and Independent Electric Supply Inc. (“IES”), net of cash acquired
Industrial Software Solutions I, Inc. and Industrial Software Solutions ULC (ISS)
Word for word“On January 2, 2025 , the Company acquired 100% of the equity securities of Industrial Software Solutions I, Inc. and Industrial Software Solutions ULC (collectively, “ISS”), an industrial automation consulting company, software distributor, and AVEVA Select Partner , for total cash consideration of $ 36.3 million, net of cash acquired.” 10-K for 2025
acquisitionOn January 2, 2025$ 36.3 million
Ascent, LLC
Word for word“On December 5, 2024 , through its wholly-owned subsidiary Anixter Inc., the Company acquired 100% of the equity securities of Ascent, LLC (“Ascent”).” 10-K for 2025
acquisitionOn December 5, 2024—
Independent Electric Supply Inc.
Word for word“Effective July 1, 2024 , the Company acquired 100% of the equity securities of Independent Electric Supply Inc. (“IES”), a full-line electrical distributor headquartered in Ontario, Canada for $ 13.2 million, net of cash acquired.” 10-K for 2025
acquisitionEffective July 1, 2024$ 13.2 million
entroCIM (Warez, LLC and Hepta Systems, LLC)
Word for word“On June 3, 2024 , the Company acquired the assets and liabilities held by Warez, LLC and Hepta Systems, LLC, which owned and operated the entroCIM business (collectively, “entroCIM”).” 10-K for 2025
acquisitionOn June 3, 2024—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31$50.9 million—$17.6 million
2017-12-31$0——
2018-12-31$0—$0
2019-12-31$27.6 million—$5.8 million
2020-12-31$3.71 billion—$1.38 billion
2021-12-31$0$56 million$13.9 million
2022-12-31$186.8 million—$97.4 million
2023-12-31$0—$900,000
2024-12-31$221.3 million—$151.9 million
2025-12-31$36.1 million—$19.8 million

Deal filings since 2016

Read from Wesco International’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-13. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.