PITTSBURGH, Dec. 6, 2024
/PRNewswire/ -- Wesco International (NYSE:
WCC) today announced it has completed its purchase of Ascent,
a privately held company headquartered in St. Louis, Missouri and a premier provider of
data center facility management services. Wesco previously announced its plan to acquire
Ascent on October 31.
Ascent, known for its specialized data center facility and
property management services, has $115
million in trailing twelve-month sales as of June 30 and a three-year sales compound annual
growth rate in excess of 30%. With more than 300 employees in the
U.S. and Canada, Ascent provides a
full suite of site operations services, including staffing,
facility-wide maintenance, critical systems repairs, 24x7 emergency
services, management of third-party maintenance workflows and
advanced liquid cooling solutions. In addition, Ascent's
proprietary Navigator platform provides an integrated client
dashboard designed to support critical infrastructure and
facilities.
"Wesco continues to expand our
leading data center solutions offering," said John Engel, Chairman, President and CEO of
Wesco. "Ascent's expertise in
engineering and design-build consultation services, in addition to
daily site operations, extends our suite of capabilities and
solutions that serve the entire lifecycle of the data center."
"We are very pleased to welcome Ascent's talented team members
to Wesco. The Ascent team further
extends our end-to-end service offerings for the data center —
including advanced liquid cooling solutions — and adds significant
capabilities to our portfolio of software and services to power
business results and efficiencies for our customers. We are eager
to build upon our differentiated value proposition and offer more
opportunities to collaborate with our contractor and supplier
partners," said Bill Geary,
Executive Vice President and General Manager, Wesco
Communications and Security Solutions.
About Wesco
Wesco International (NYSE:
WCC) builds, connects, powers and protects the world. Headquartered
in Pittsburgh, Pennsylvania,
Wesco is a FORTUNE 500® company
with $22 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 20,000 people,
partners with the industry's premier suppliers, and serves
thousands of customers around the world. With millions of 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, educational
institutions, telecommunications providers, and utilities.
Wesco operates nearly 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 global corporations.
Media Contact:
Jennifer
Sniderman
Vice President, Corporate Communications
717-579-6603
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SOURCE Wesco International