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WESCO International, Inc. is a provider of electrical, industrial, communications, maintenance, repair and operating (MRO), and original equipment manufacturer (OEM) products, as well as construction materials and advanced supply chain management/logistic services. In 2023, its total revenue was approximately $22 billion.
Wesco Financial Corporation was an American diversified financial corporation headquartered in Pasadena, California. Wesco was originally the holding company for Mutual Savings, a savings and loan association. Mutual Savings' thrift operations were sold to CenFed Bank in 1993. [6] It was for a long time 80.1% owned by Blue Chip Stamps, which is ...
Revenue. $1.433 billion (2019) [1] Owner. Hellman & Friedman. Number of employees. 6,000 (2019) [2] Website. www .kronos .com. Kronos Incorporated was an American multinational workforce management and human capital management cloud provider headquartered in Lowell, Massachusetts, United States, which employed more than 6,000 people worldwide.
The Blackstone Group (20–25%) [2] Number of employees. 15,000+ (2024) Website. www .ukg .com. UKG is an American multinational technology company with dual headquarters in Lowell, Massachusetts, and Weston, Florida. It provides workforce management and human resource management services.
Wesco International is also cash rich. The company has generated cash flow growth of 23.4%, and is expected to report cash flow expansion of 101.4% in 2022.
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Wesco was founded in 1952 by Bud Westgate. In the 1980s and 1990s, the company expanded by acquiring Rengo Oil (15 stores) and Weaver Oil (19 stores). Wesco now owns and operates a bulk fuel and propane business under the name Wesco Energy, along with six Subway locations and six Wesco Deli locations. [2]