Wesco International Announces Agreement to Acquire Ascent, a Premier Provider of Data Center Facility Management Services
Wesco International (NYSE:WCC) has announced a definitive agreement to acquire Ascent for $185 million on a cash-free, debt-free basis. Ascent, headquartered in St. Louis, Missouri, is a premier provider of data center facility management services with $115 million in trailing twelve-month sales and a 30% three-year sales CAGR. The company specializes in data center operations, including AI data center design, liquid cooling implementation, maintenance, and critical systems repairs. Ascent employs over 330 people across the US and Canada and offers a proprietary Navigator platform for infrastructure management. The acquisition is expected to close in Q4 following regulatory approval.
Wesco International (NYSE:WCC) ha annunciato un accordo definitivo per acquisire Ascent per 185 milioni di dollari, senza debiti e senza contante. Ascent, con sede a St. Louis, Missouri, è un fornitore di servizi di gestione delle strutture dei data center di primo livello, con un fatturato di 115 milioni di dollari negli ultimi dodici mesi e un CAGR delle vendite del 30% negli ultimi tre anni. L'azienda si specializza nelle operazioni dei data center, inclusi design di data center AI, implementazione di raffreddamento a liquido, manutenzione e riparazioni di sistemi critici. Ascent impiega oltre 330 persone negli Stati Uniti e in Canada e offre una piattaforma proprietaria chiamata Navigator per la gestione dell'infrastruttura. Si prevede che l'acquisizione si concluda nel quarto trimestre, a seguito dell'approvazione normativa.
Wesco International (NYSE:WCC) ha anunciado un acuerdo definitivo para adquirir Ascent por 185 millones de dólares, libre de efectivo y de deudas. Ascent, con sede en St. Louis, Missouri, es un proveedor destacado de servicios de gestión de instalaciones de centros de datos, con 115 millones de dólares en ventas de los últimos doce meses y un CAGR de ventas del 30% en tres años. La empresa se especializa en operaciones de centros de datos, incluyendo diseño de centros de datos con IA, implementación de enfriamiento líquido, mantenimiento y reparaciones de sistemas críticos. Ascent emplea a más de 330 personas en EE. UU. y Canadá y ofrece una plataforma propietaria llamada Navigator para la gestión de infraestructura. Se espera que la adquisición se cierre en el cuarto trimestre a la espera de la aprobación regulatoria.
Wesco International (NYSE:WCC)는 Ascent를 현금 및 부채 없는 조건으로 1억 8500만 달러에 인수하기 위한 최종 계약을 체결했다고 발표했습니다. 미주리주 세인트루이스에 본사를 둔 Ascent는 1억 1500만 달러의 12개월 전 매출과 3년 동안 30%의 연평균 성장률(CAGR)을 기록한 데이터 센터 시설 관리 서비스의 주요 제공업체입니다. 이 회사는 AI 데이터 센터 설계, 액체 냉각 구현, 유지보수 및 중요 시스템 수리 등 데이터 센터 운영을 전문으로 합니다. Ascent는 미국과 캐나다 전역에서 330명 이상의 직원을 고용하고 있으며 인프라 관리를 위한 독자적인 Navigator 플랫폼을 제공합니다. 인수는 규제 승인을 받은 후 4분기에 마감될 것으로 예상됩니다.
Wesco International (NYSE:WCC) a annoncé un accord définitif pour acquérir Ascent pour 185 millions de dollars, sans liquidités et sans dettes. Ascent, dont le siège est situé à St. Louis, Missouri, est un fournisseur de premier plan de services de gestion d'installations de centres de données, enregistrant 115 millions de dollars de ventes au cours des douze derniers mois et un taux de croissance annuel composé de 30 % sur trois ans. L'entreprise est spécialisée dans les opérations de centres de données, y compris la conception de centres de données alimentés par IA, la mise en œuvre de refroidissement liquide, la maintenance et les réparations de systèmes critiques. Ascent emploie plus de 330 personnes aux États-Unis et au Canada et propose une plateforme propriétaire appelée Navigator pour la gestion des infrastructures. L'acquisition devrait être finalisée au quatrième trimestre après l'approbation réglementaire.
Wesco International (NYSE:WCC) hat eine endgültige Vereinbarung zur Übernahme von Ascent für 185 Millionen Dollar ohne Bargeld und Schulden bekannt gegeben. Ascent, mit Hauptsitz in St. Louis, Missouri, ist ein angesehener Anbieter von Facility-Management-Diensten für Rechenzentren mit einem Umsatz von 115 Millionen Dollar in den letzten zwölf Monaten und einer Umsatzwachstumsrate (CAGR) von 30 % über drei Jahre. Das Unternehmen ist auf die Betrieb von Rechenzentren spezialisiert, einschließlich AI-Design von Rechenzentren, Implementierung von Flüssigkeitskühlung, Wartung und Reparaturen kritischer Systeme. Ascent beschäftigt über 330 Mitarbeiter in den USA und Kanada und bietet eine proprietäre Plattform namens Navigator für das Infrastrukturmanagement an. Der Abschluss der Übernahme wird im vierten Quartal nach der Genehmigung durch die Aufsichtsbehörden erwartet.
- Acquisition price of $185 million for a company with $115 million in trailing twelve-month sales
- Target company shows strong growth with 30% three-year sales CAGR
- Strengthens Wesco's data center solutions portfolio with specialized services
- Expands capabilities in high-growth AI data center and liquid cooling markets
- Adds 330 skilled employees and proprietary technology platform
- Regulatory approval pending, which could delay closing
- Integration costs and risks not disclosed
Insights
This strategic acquisition positions Wesco to capitalize on the booming data center market. At
Ascent's expertise in liquid cooling and AI data center infrastructure is particularly valuable as these technologies become critical for next-generation data centers. The acquisition strengthens Wesco's end-to-end service offerings and should drive meaningful revenue synergies through cross-selling opportunities to their existing customer base.
With 330 employees and established operations across US and Canada, the integration risk appears manageable. The proprietary Navigator platform adds a valuable technological component that could be leveraged across Wesco's broader portfolio.
This acquisition is strategically timed to capture the explosive growth in data center infrastructure, particularly in AI computing. Ascent's specialization in liquid cooling solutions is important as data centers face increasing power density challenges from AI workloads. Their comprehensive service portfolio addresses critical pain points in modern data center operations.
The Navigator platform represents a competitive advantage in facility management, offering potential for expansion across Wesco's existing client base. This technology-enabled service approach aligns with the industry trend toward intelligent infrastructure management and operational efficiency.
Ascent, known for its specialized data center facility and property management services, has
"This services-based acquisition strengthens our leading data center solutions portfolio for our customers," said John Engel, Chairman, President and CEO of
"With more than 330 employees in
The acquisition is anticipated to close in the fourth quarter following customary regulatory approval.
About Wesco
Wesco International (NYSE: WCC) builds, connects, powers and protects the world. Headquartered in
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