Rexel to Acquire GCG from Audax Private Equity

PR Newswire··US·Read original
3▲1 ▼0Impact / 5
Summary · why it matters

Rexel, a publicly held distributor of energy management products and services, has agreed to acquire GCG, a specialty wire and cable distribution platform, from Audax Private Equity in a transaction expected to close by year end. GCG operates through two complementary segments, Custom Engineered Solutions and Connectivity and Power Solutions, serving data centers, power infrastructure, defense, building systems, water, telecom and industrial end markets. Since 2019, GCG has grown to more than $1.1 billion in revenue through organic growth and strategic acquisitions including United Wire & Cable, CableMaster, RWL, Paige, and Allied Wire & Cable, and is expected to reach over $1.1 billion of revenue in 2026. The combination is expected to extend Rexel's presence in high-growth, mission-critical end markets including data center and power infrastructure, and to bring GCG's engineering-led distribution model and proprietary product portfolio into Rexel's broader platform. Solomon Partners and J.P. Morgan advised GCG and Audax, while Guggenheim Securities and Rothschild & Company advised Rexel.

Impact on assets 3

Industrials▲ · 1 stocks
Rexel S.A
RXL
▲ PositiveCapitalrelevance

Rexel agreed to acquire GCG, an M&A deal extending its presence in high-growth data center and power infrastructure markets.

Digital Finance & Tokenization▲ · 1 stocks
Artificial Intelligence▲ · 1 stocks

Off-coverage companies 8

Allied Wire & CablePrivate± Mixed
relevance

CableMasterPrivate± Mixed
relevance

GCGPrivate± Mixed
relevance

Guggenheim SecuritiesPrivate± Mixed
relevance

Rothschild & CoPrivate± Mixed
relevance

RWLPrivate± Mixed
relevance

Solomon PartnersPrivate± Mixed
relevance

United Wire & CablePrivate± Mixed
relevance

© 2026 MarketIVNews