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Wesco Expands Data Center Solutions with $185M Acquisition of Ascent
📅 - Wesco International (NYSE: WCC) has signed a definitive agreement to acquire Ascent LLC, a privately held company specializing in data center property management, for a purchase price of $185 million in a cash-free, debt-free transaction. Based in St. Louis, Missouri, Ascent is recognized as a premier provider in the field, delivering tailored, mission-critical solutions that support the comprehensive needs of modern data centers.
Known for its rapid growth, Ascent has reported a 30% compound annual growth rate (CAGR) in sales over the last three years and a trailing twelve-month revenue of $115 million. Ascents specialized services range from end-to-end data center operations to life [...][... Check source for end of article ...]
Tags: Data Center
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