WESCO Buys Hill Country Electric Supply

WESCO International Inc., Pittsburgh, has entered into a definitive agreement to acquire Hill Country Electric Supply, Austin, Texas. Closing is expected to occur in May 2015.

Headquartered in Austin, Texas, Hill Country generates approximately $140 million in annual revenues from nine locations in central and south Texas, primarily in the Austin and San Antonio regions. The company focuses on the commercial construction market and was ranked #56 on Electrical Wholesaling’s most recent Top 200 ranking. HT Capital Advisors, New York, was the exclusive financial advisor to Hill Country Electric Supply for the transaction.

In a WESCO press release on the acquisition, John Engel, WESCO's chairman, president, and CEO said, "Hill Country is a well-established electrical distributor with strong brand recognition in the Texas construction market and a solid organic growth history."

Scott Schieffer, Hill Country's president, said in the press release, "We are excited to begin this new chapter in Hill Country's history with WESCO.  We share WESCO's strong focus on customer service and together we expect to deliver even more value for our customers."

In 2014, WESCO had 2014 annual sales were approximately $7.9 billion and employed approximately 9,400 people.