M&A Deal Summary

WESCO Acquires entroCIM

On June 5, 2024, WESCO acquired software company entroCIM for 30M USD

Acquisition Highlights
  • This is WESCO’s 1st transaction in the Software sector.
  • This is WESCO’s 8th largest (disclosed) transaction.
  • This is WESCO’s 21st transaction in the United States.
  • This is WESCO’s 2nd transaction in Michigan.

M&A Deal Summary
Date 2024-06-05
Target entroCIM
Sector Software
Buyer(s) WESCO
Deal Type Add-on Acquisition
Deal Value 30M USD

Target

entroCIM

Port Huron, Michigan, United States
entroCIM provides data center and building intelligence software. Connect all building IoT devices and hardware (including third-party services) into one easy-to-use, secure Central Intelligence Manager. entroCIM was formed in 1993 and is headquartered in Port Huron, Michigan.

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Buyer(S) 1

Buyer

WESCO

Pittsburgh, Pennsylvania, United States
Category Company
Founded 1922
Sector Distribution
Employees20,000
Revenue 22.4B USD (2023)
DESCRIPTION
WESCO's corporate headquarters in downtown Pittsburgh, Pennsylvania.
WESCO's corporate headquarters in downtown Pittsburgh, Pennsylvania.

WESCO is a distributor of electrical, data communications, general maintenance, repair, and operating (MRO) and electrical OEM products. WESCO was founded in 1922 and is based in Pittsburgh, Pennsylvania.

DEAL STATS #
Overall 27 of 28
Sector (Software) 1 of 1
Type (Add-on Acquisition) 24 of 25
State (Michigan) 2 of 2
Country (United States) 21 of 22
Year (2024) 1 of 2
Size (of disclosed) 8 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-23 WIS

Uniondale, New York, United States

WIS is an integrated supply services provider, based in Uniondale, New York.

Sell $350M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-31 Ascent

St. Louis, Missouri, United States

Ascent is a provider of data center facility management services. Ascent delivers solutions for every aspect of mission critical data center operations and infrastructure – from next generation AI data center design and builds all the way through the operations and maintenance life cycle. Their services include liquid cooling design and implementation, facility-wide maintenance, critical systems repairs, emergency services, and management of third-party maintenance workflows. Ascent was founded in 1998 and is based in St. Louis, Missouri.

Buy $185M
Mergr

Product

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