Supply chain company purchases software developer

Wesco International, a Pennsylvania-based business-to-business distribution, logistics services and supply chain solutions provider, recently completed its purchase of entroCIM, an Michigan-based data center and building intelligence software developer, for $30 million.

Additional terms of the transaction were not disclosed, although there is an opportunity for an additional earnout based on performance.

“We are pleased to welcome the entroCIM team to Wesco,” John Engel, Wesco chairman, president and CEO, said. “This acquisition is indicative of the expanded services, data-informed intelligence and expertise that Wesco intends to provide to our global customers and supplier partners to drive increased value through the supply chain.”

entroCIM designed the Central Intelligence Manager, an HTML5 browser-based application to connect devices and remote monitoring systems in commercial facilities. It provides insights through one digital interface that help businesses reduce costs and improve operations.

The company is an accelerator of information technology/operational technology convergence and acts as an aggregation layer for multiple operating systems. It monitors airports, data centers, large commercial buildings, universities and other buildings.

Wesco International employs approximately 20,000 people, and operates nearly 800 branches, warehouses and sales offices in more than 50 countries. It has more than $22 billion in annual sales. It serves customers worldwide.

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