Wesco International has announced that it has entered into a definitive agreement to acquire Rahi Systems Holdings, a privately held company headquartered in Fremont, California, for $217 million. Rahi Systems Holdings is a leading provider of worldwide hyperscale data center solutions. The purchase price is approximately 7.5x Rahi’s estimated trailing twelve-month adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA).
Rahi Systems supports the entire lifespan of data center solutions by assisting customers in managing and simplifying technology. Wesco will integrate Rahi into its Communication and Security Solutions (CSS) strategic business area as a result of this acquisition.