About Wesco
Wesco is a company based in Pittsburgh (United States) founded in 1922 was acquired by Cypress Group in April 1998. The company has 7,000 employees as of December 31, 2022. Wesco has completed 18 acquisitions, including Anixter, Ascent Corp and Atlanta Elect Dist.
- Headquarter Pittsburgh, United States
- Employees 7000 as on 31 Dec, 2022
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
$22.39 B (USD)5as on Dec 31, 2023
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Net Profit
$766.1 M (USD)-11as on Dec 31, 2023
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EBITDA
$1.59 B (USD)-2as on Dec 31, 2023
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Latest Funding Round
$345 M (USD), Post-IPO
Aug 01, 2009
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Investors
Cypress Group
& 1 more
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Employee Count
7000
as on Dec 31, 2022
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Investments & Acquisitions
Anixter
& 17 more
- Acquired by
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IPO & Listings of Wesco
Wesco is a publicly listed company on the NYSE with ticker symbol WCC in USA, operating in the Distribution services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Wesco
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Sales and Marketing
116 people
Leadership Team
83 people
Software Development Team
54 people
Senior Team
51 people
Finance and Accounting
42 people
Operations Team
37 people
Human Resources and Administration
22 people
Global Team
21 people
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Funding Insights of Wesco
Investors in Wesco
Wesco has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Cypress Group and CD&R.
| Investor | Description | Founded Year | Domain | Location |
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A private equity firm focused on building long-term business value.
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Locked | Locked | Locked |
Investor details for Wesco
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
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Investments & Acquisitions by Wesco
Wesco has strategically engaged in corporate development activities, having acquired 18 companies. Notable acquisitions include Anixter, Ascent Corp and Atlanta Elect Dist.
Investment portfolio details for Wesco
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Data center infrastructure is managed end-to-end by EntroCIM.
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Locked | Locked | 2015 | Locked | |
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Cloud, datacenter modernization, security, and related services are provided.
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Locked | Locked | 2012 | Locked | |
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Electrical supplies are distributed to contractors across Georgia markets.
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Locked | Locked | 2008 | Locked |
Complete acquisition details for Wesco
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Wesco
Detailed financials for Wesco
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
- Statement rows
- Financial ratios
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Wesco Comparisons
Peer comparison for Wesco
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- Named peers
- Headcount comparison
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Competitors of Wesco
Detailed competitors of Wesco
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Latest news on Wesco
Complete news archive for Wesco
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Frequently Asked Questions about Wesco
Wesco was founded in 1922 and raised its 1st funding round 87 years after it was founded.
Wesco is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
John Engel is the current CEO of Wesco.
As of Dec 31, 2022, the latest employee count at Wesco is 7,000.
Annual revenue of Wesco is $22.39B as on Dec 31, 2023.
WESCO was founded in 1922 in Pittsburgh, United States, as a distributor in the electrical products sector. Operations focus on B2B distribution of electrical supplies, supported by logistics and systems integration. Services include value engineering, sourcing, and on-site materials management for industrial and commercial projects, along with utility supply and maintenance for power plant operations. Annual revenues reached 21.42 billion in 2022, with net profit at 0.86 billion.
Yes, Wesco is publicly traded on NYSE under the ticker symbol WCC.
Wesco has made 18 acquisitions, including Anixter, Ascent Corp, and Atlanta Elect Dist.
Wesco has 2 investors. Key investors include Cypress Group, and CD&R.
The ticker symbol of Wesco is WCC on NYSE.