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Wesco acquires entroCIM, maker of building intelligence software

June 5, 2024  By  SP&T Staff


Wesco International announced it has completed the purchase of entroCIM, a provider of data centre and building intelligence software.

According to Wesco, the initial purchase price was US$30 million with the opportunity for an additional earnout based on performance. Additional terms of the transaction were not disclosed.

entroCIM’s Central Intelligence Manager (CIM) is an HTML5 browser-based application sold as-a-service to connect devices and remote monitoring systems in commercial facilities. It delivers actionable insights to help businesses reduce costs and improve operations through a single digital interface, according to a press release.

The company monitors millions of square feet in environments ranging from data centres and large commercial buildings to airports and universities.

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“We are pleased to welcome the entroCIM team to Wesco,” said  John Engel, chairman, president and CEO of Wesco, in a statement. “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.”


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