WESCO International Inc., Pittsburgh, PA, has agreed to acquire Communications Supply Holdings Inc. from Harvest Partners LLC, a New York-based private equity firm.
CSC, the operating subsidiary of Communications Supply Holdings, Inc. with headquarters in Carol Stream, IL, was founded in 1972. CSC had 2005 sales of $431 million and year-to-date sales as of Aug. 31, 2006, of $394 million. Full year 2006 revenues are estimated to be about $600 million.
The company is a national distributor of low-voltage network infrastructure and industrial wire and cable products. Through its network of 32 branches, CSC distributes a full range of products to support advanced connectivity for voice and data communications, access control, security surveillance, and building automation. CSC’s sales force consists of more than 300 associates, and its marketing activities reflect a strong focus on the Fortune 1000 and large institutional customers in the U.S.
“The addition of CSC to WESCO’s existing business and infrastructure is consistent with our growth strategy, and this acquisition positions WESCO as a leading provider of data communications products in North America. Our intent is to rapidly build on this position by offering a broader array of products to WESCO’s substantial national accounts, contractor and other end-market customers. We also believe that the fragmented nature of the low-voltage and data communications supply industry will likely lead to additional acquisition opportunities.”
WESCO Distribution Inc., WESCO’s primary operating entity, is a distributor of electrical construction products and electrical and industrial maintenance, repair and operating (MRO) supplies. Sales in 2005 were about $4.4 billion.
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