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For best results when printing this announcement, please click on link below: Audax Private Equity Enters into Definitive Agreement to Sell GCG The sale to Rexel caps a seven-year partnership in which GCG delivered double digit annual revenue growth since 2019 and increased both earnings and EBITDA margins significantl
Rexel agreed to acquire GCG for an enterprise value of about $1.4B, targeting <8x 2026e EBITDAaL incl. synergies. Financing includes existing cash, c.€800M debt and up to €500M equity; closing expected by 2026 year-end, subject to approvals.Material DetailsContext by AI AnalystThis is a strategic e…
Rexel to acquire GCG,a leading specialty infrastructure platform in the US,a key milestone on Rexel’s strategic roadmapRexel has entered into an agreement with Audax Private Equity (“Audax”) to acquire GCG, a leading US provider of specialty wire and cable, connectivity, power and engineered soluti…
Rexel SA EURONEXT:RXL