Rexel Acquires GCG Expanding into Critical Applications

CHICAGO, Sept. 25, 2026 /CourierPR/ -- Rexel, a global distributor of products and services in energy management, has agreed to acquire GCG, a leading specialty wire and cable distribution platform. The deal, expected to close by the end of the year, will extend Rexel’s presence in high-growth, mission-critical end markets, including data centers and power infrastructure.

GCG operates through two segments: Custom Engineered Solutions (CES) and Connectivity & Power Solutions (CPS). These segments deliver engineer-led, value-added wire, cable, and connectivity solutions to customers across diverse end markets such as data centers, power infrastructure, defense, building systems, water, telecom, and industrial applications. Since 2019, GCG has grown to over $1.1 billion in revenue through a combination of organic growth and strategic acquisitions, including United Wire & Cable, CableMaster, RWL, Paige, and Allied Wire & Cable.

The acquisition is expected to bring GCG's engineering-led, value-added distribution model and proprietary product portfolio into Rexel's broader platform, extending its reach in critical applications. Rexel, with its network of 1,876 branches in 17 countries and 26,306 employees, aims to leverage GCG's expertise to further its mission in energy management.

Solomon Partners and J.P. Morgan served as financial advisors to GCG and Audax on the sale, while Kirkland & Ellis and Fredrikson & Byron provided legal counsel. Guggenheim Securities and Rothschild & Company served as financial advisors to Rexel, with Sidley Austin LLP acting as legal advisor.

GCG, headquartered in Chicago, Illinois, operates with its local brands in North America and Europe through 16 locations and employs 950+ people. The company is expected to reach over $1.1 billion in revenue by 2026.

Rexel, a worldwide expert in the multichannel professional distribution of products and services for the energy world, addresses three main markets: residential, non-residential, and industrial. The Group supports its customers by providing a tailored and scalable range of products and services in energy management for construction, renovation, production, and maintenance.