WESCO International Completes Acquisition of Ascent

MT Newswires Live12-06

WESCO International (WCC) said Friday it completed its purchase of Ascent, a data center facility management service provider.

Wesco Chief Executive John Engel said that Ascent's engineering and design expertise "extends our suite of capabilities and solutions."

With 300 employees, Ascent generated $115 million in sales in the year ending June 30 and has a three-year sales compound annual growth rate of more than 30%, Wesco said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment