Nautic Partners-backed Vallen Distribution completed the acquisition of the integrated supply business from Wesco International for $350m.

Nautic Partners-backed Vallen Distribution, a provider of indirect industrial supply chain solutions, completed the acquisition of the integrated supply business from Wesco International, a multinational electrical distribution and services company, for $350m. "We are excited to bring together two outstanding supply chain solutions providers through this transaction and see significant opportunity ahead for the combined company. This combination further expands and complements our vision to deliver unique and customizable supply chain solutions for our customers' indirect spend and enhances our ability to partner with the supplier community," Chuck Delph, Vallen CEO.