Rexel to Acquire GCG from Audax Private Equity

September 25, 2026

Rexel has agreed to acquire GCG, a specialty wire and cable distribution platform, from Audax Private Equity for an enterprise value of approximately $1.4 billion. The transaction is expected to close before the end of 2026, subject to regulatory approvals and customary closing conditions.

Targets
GCG
Sellers
Audax Private Equity
Industry
Transportation
Location
Illinois, United States
Transaction Type
Buyout

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