0001193125-20-192688.txt : 20200714 0001193125-20-192688.hdr.sgml : 20200714 20200714171759 ACCESSION NUMBER: 0001193125-20-192688 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20200714 DATE AS OF CHANGE: 20200714 GROUP MEMBERS: GEI CAPITAL VII, LLC GROUP MEMBERS: GREEN EQUITY INVESTORS SIDE VII, L.P. GROUP MEMBERS: LEONARD GREEN & PARTNERS, L.P. GROUP MEMBERS: LGP MANAGEMENT, INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WESCO INTERNATIONAL INC CENTRAL INDEX KEY: 0000929008 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-ELECTRICAL APPARATUS & EQUIPMENT, WIRING SUPPLIES [5063] IRS NUMBER: 251723342 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-58085 FILM NUMBER: 201027715 BUSINESS ADDRESS: STREET 1: 225 WEST STATION SQUARE DRIVE STREET 2: STE 700 CITY: PITTSBURGH STATE: PA ZIP: 15219 BUSINESS PHONE: 4124542200 MAIL ADDRESS: STREET 1: 225 WEST STATION SQUARE DRIVE STREET 2: STE 700 CITY: PITTSBURGH STATE: PA ZIP: 15219 FORMER COMPANY: FORMER CONFORMED NAME: CDW HOLDING CORP DATE OF NAME CHANGE: 19971217 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Green Equity Investors VII, L.P. CENTRAL INDEX KEY: 0001663281 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 11111 SANTA MONICA BOULEVARD STREET 2: SUITE 2000 CITY: LOS ANGELES STATE: CA ZIP: 90025 BUSINESS PHONE: (310) 954-0444 MAIL ADDRESS: STREET 1: 11111 SANTA MONICA BOULEVARD STREET 2: SUITE 2000 CITY: LOS ANGELES STATE: CA ZIP: 90025 SC 13G 1 d57451dsc13g.htm SC 13G SC 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

(Rule 13d-102)

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

WESCO International, Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

95082P105

(CUSIP Number)

July 5, 2020

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☒ Rule 13d-1(c)

☐ Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.

 

 

 


  13G  
CUSIP No. 95082P105     Page 1 of 10

 

  1   

NAMES OF REPORTING PERSONS

 

Green Equity Investors VII, L.P.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    0

   6   

SHARED VOTING POWER

 

    5,700,000 shares of Common Stock

   7   

SOLE DISPOSITIVE POWER

 

    0

   8   

SHARED DISPOSITIVE POWER

 

    5,700,000 shares of Common Stock

  9   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    5,700,000 shares of Common Stock

10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

    ☐

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

11.4% beneficial ownership of the shares of the Common Stock (based on 50,023,281 shares of Common Stock outstanding as of June 22, 2020, which includes 41,873,053 shares of Common Stock outstanding as of April 30, 2020, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on May 1, 2020 and 8,150,228 shares of Common Stock issued in connection with the acquisition as reported in the Issuer’s Form 8-K filed with the Securities and Exchange Commission on June 22, 2020).

12  

TYPE OF REPORTING PERSON

 

    PN


  13G  
CUSIP No. 95082P105     Page 2 of 10

 

  1   

NAMES OF REPORTING PERSONS

 

Green Equity Investors Side VII, L.P.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    0

   6   

SHARED VOTING POWER

 

    5,700,000 shares of Common Stock

   7   

SOLE DISPOSITIVE POWER

 

    0

   8   

SHARED DISPOSITIVE POWER

 

    5,700,000 shares of Common Stock

  9   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    5,700,000 shares of Common Stock

10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

    ☐

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

11.4% beneficial ownership of the shares of the Common Stock (based on 50,023,281 shares of Common Stock outstanding as of June 22, 2020, which includes 41,873,053 shares of Common Stock outstanding as of April 30, 2020, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on May 1, 2020 and 8,150,228 shares of Common Stock issued in connection with the acquisition as reported in the Issuer’s Form 8-K filed with the Securities and Exchange Commission on June 22, 2020).

12  

TYPE OF REPORTING PERSON

 

    PN


  13G  
CUSIP No. 95082P105     Page 3 of 10

 

  1   

NAMES OF REPORTING PERSONS

 

GEI Capital VII, LLC

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    0

   6   

SHARED VOTING POWER

 

    5,700,000 shares of Common Stock

   7   

SOLE DISPOSITIVE POWER

 

    0

   8   

SHARED DISPOSITIVE POWER

 

    5,700,000 shares of Common Stock

  9   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    5,700,000 shares of Common Stock

10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

    ☐

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

11.4% beneficial ownership of the shares of the Common Stock (based on 50,023,281 shares of Common Stock outstanding as of June 22, 2020, which includes 41,873,053 shares of Common Stock outstanding as of April 30, 2020, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on May 1, 2020 and 8,150,228 shares of Common Stock issued in connection with the acquisition as reported in the Issuer’s Form 8-K filed with the Securities and Exchange Commission on June 22, 2020).

12  

TYPE OF REPORTING PERSON

 

    OO (Limited Liability Company)


  13G  
CUSIP No. 95082P105     Page 4 of 10

 

  1   

NAMES OF REPORTING PERSONS

 

LGP Management, Inc.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    0

   6   

SHARED VOTING POWER

 

    5,700,000 shares of Common Stock

   7   

SOLE DISPOSITIVE POWER

 

    0

   8   

SHARED DISPOSITIVE POWER

 

    5,700,000 shares of Common Stock

  9   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    5,700,000 shares of Common Stock

10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

    ☐

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

11.4% beneficial ownership of the shares of the Common Stock (based on 50,023,281 shares of Common Stock outstanding as of June 22, 2020, which includes 41,873,053 shares of Common Stock outstanding as of April 30, 2020, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on May 1, 2020 and 8,150,228 shares of Common Stock issued in connection with the acquisition as reported in the Issuer’s Form 8-K filed with the Securities and Exchange Commission on June 22, 2020).

12  

TYPE OF REPORTING PERSON

 

    CO


  13G  
CUSIP No. 95082P105     Page 5 of 10

 

  1   

NAMES OF REPORTING PERSONS

 

Leonard Green & Partners, L.P.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    0

   6   

SHARED VOTING POWER

 

    5,700,000 shares of Common Stock

   7   

SOLE DISPOSITIVE POWER

 

    0

   8   

SHARED DISPOSITIVE POWER

 

    5,700,000 shares of Common Stock

  9   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    5,700,000 shares of Common Stock

10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

    ☐

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

11.4% beneficial ownership of the shares of the Common Stock (based on 50,023,281 shares of Common Stock outstanding as of June 22, 2020, which includes 41,873,053 shares of Common Stock outstanding as of April 30, 2020, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on May 1, 2020 and 8,150,228 shares of Common Stock issued in connection with the acquisition as reported in the Issuer’s Form 8-K filed with the Securities and Exchange Commission on June 22, 2020).

12  

TYPE OF REPORTING PERSON

 

    PN


  13G  

CUSIP No. 95082P105

    Page 6 of 10

 

Item 1.

(a) Name of Issuer

WESCO International, Inc. (“Issuer”)

(b) Address of Issuer’s Principal Executive Offices

225 West Station Square Drive

Suite 700

Pittsburgh, Pennsylvania 15219

 

Item 2.

 

  (a)

Name of Person(s) Filing:

 

  A.

Green Equity Investors VII, L.P.

 

  B.

Green Equity Investors Side VII, L.P.

 

  C.

GEI Capital VII, LLC

 

  D.

Leonard Green & Partners, L.P.

 

  E.

LGP Management, Inc.

Green Equity Investors VII, L.P., a Delaware limited partnership (“GEI VII”) is the direct owner of 2,612,719 shares of Common Stock of the Issuer (the “GEI VII Shares”). Green Equity Investors Side VII, L.P., a Delaware limited partnership (“GEI Side VII” and together with GEI VII, the “LGP Funds”) is the direct owner of 3,087,281 shares of Common Stock of the Issuer (the “GEI Side VII Shares” and, collectively with the GEI VII Shares, the “Shares”).

GEI Capital VII, LLC, a Delaware limited liability company (“Capital”) is the general partner of GEI VII and GEI Side VII. Leonard Green & Partners, L.P., a Delaware limited partnership (“LGP”) is the management company of GEI VII and GEI Side VII. LGP Management, Inc., a Delaware corporation (“LGPM”) is the general partner of LGP.

Capital, as the general partner of GEI VII and GEI Side VII, LGP, as the manager of GEI VII and GEI Side VII, and LGPM, as the general partner of LGP, directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed to share voting and investment power with respect to the Shares. As such, Capital, LGP, and LGPM may be deemed to be the indirect beneficial owners of the Shares.

Each of Capital, LGP, and LGPM disclaims beneficial ownership of the Shares reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the reporting persons are the beneficial owners of such securities for purposes of Section 13(d), Section 13(g), Section 16, or for any other purposes.

 

  (b)

Address of Principal Business Office or, if none, Residence

(A) – (E): 11111 Santa Monica Boulevard, Suite 2000, Los Angeles, CA 90025

 

  (c)

Citizenship

(A) – (E): Delaware

 

  (d)

Title of Class of Securities

This statement relates to the Issuer’s Common Stock, par value $0.01 per share.

 

  (e)

CUSIP Number

95082P105


  13G  
CUSIP No. 95082P105     Page 7 of 10

 

Item 3.

Not applicable.

 

Item 4.

Ownership

 

  (a)

Amount Beneficially Owned:

See response to Item 9 on each cover page.

 

  (b)

Percent of class:

See response to Item 11 on each cover page.

 

  (c)

Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote:

See response to Item 5 on each cover page.

 

  (ii)

Shared power to vote or to direct the vote:

See response to Item 6 on each cover page.

 

  (iii)

Sole power to dispose or to direct the disposition of:

See response to Item 7 on each cover page.

 

  (iv)

Shared power to dispose or to direct the disposition of:

See response to Item 8 on each cover page.

 

Item 5.

Ownership of Five Percent or Less of a Class

Not applicable.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

Not applicable.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person

Not applicable.

 

Item 8.

Identification and Classification of Members of the Group

Not applicable.

 

Item 9.

Notice of Dissolution of Group

Not applicable.

 

Item 10.

Certifications

By signing the below, each of the Reporting Persons certifies that, to the best of its knowledge and belief, the securities referenced to above were not acquired and are not held for the purpose of or with the effect of changing or


  13G  
CUSIP No. 95082P105     Page 8 of 10

 

influencing the control of the Issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.


  13G  

CUSIP No. 95082P105

    Page 9 of 10

 

After reasonable inquiry and to the best of my knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated as of July 14, 2020

 

Green Equity Investors VII, L.P.

By: GEI Capital VII, LLC, its

General Partner

By:

 

/s/ Andrew Goldberg

 

Andrew Goldberg

  Vice President, General Counsel and Secretary

Green Equity Investors Side VII, L.P.

By: GEI Capital VII, LLC, its

General Partner

By:

 

/s/ Andrew Goldberg

 

Andrew Goldberg

  Vice President, General Counsel and Secretary

GEI Capital VII, LLC

By:

 

/s/ Andrew Goldberg

 

Andrew Goldberg

  Vice President, General Counsel and Secretary

Leonard Green & Partners, L.P.

By: LGP Management, Inc., its

General Partner

By:

 

/s/ Andrew Goldberg

 

Andrew Goldberg

  Vice President, General Counsel and Secretary

LGP Management, Inc.

By:

 

/s/ Andrew Goldberg

 

Andrew Goldberg

  Vice President, General Counsel and Secretary


  13G  
CUSIP No. 95082P105     Page 10 of 10

 

24.1   

Power-of-Attorney, dated July 14, 2020

99.1   

Joint Filing Agreement, dated July 14, 2020

EX-24.1 2 d57451dex241.htm EX-24.1 EX-24.1

Exhibit 24.1

POWER OF ATTORNEY

Know all by these presents, that each of the undersigned hereby constitutes and appoints each of Cody L. Franklin, Andrew C. Goldberg, and Lance J.T. Schumacher, signing singly, as the undersigned’s true and lawful attorney-in-fact to:

(1) execute for and on behalf of the undersigned, in the undersigned’s capacity as an officer, director, or beneficial owner of the shares of Common Stock, par value $0.01 per share, of WESCO International, Inc., a Delaware corporation (the “Issuer”), the Statement on Schedule 13D (or Schedule 13G, if applicable) in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules thereunder;

(2) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Statement on Schedule 13D (or Schedule 13G, if applicable) and all amendment(s) thereto and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and

(3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.

The undersigned hereby grant to such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Issuer assuming, any of the undersigned’s responsibilities to comply with Section 13 of the Securities Exchange Act of 1934, as amended.

This Power of Attorney shall remain in full force and effect until each of the undersigned is no longer required to file a Statement on Schedule 13D or Schedule 13G with respect to each of the undersigned’s holdings of and transactions in securities issued by the Issuer, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

[Signatures on following pages]


IN WITNESS WHEREOF, each of the undersigned has caused this Power of Attorney to be executed as of this 14th day of July, 2020.

 

Green Equity Investors VII, L.P.

By:

 

GEI Capital VII, LLC, its General Partner

By:  

/s/ Andrew C. Goldberg

 

Andrew C. Goldberg

 

Vice President, General Counsel and Secretary

Green Equity Investors Side VII, L.P.

By:

 

GEI Capital VII, LLC, its General Partner

By:

 

/s/ Andrew C. Goldberg

 

Andrew C. Goldberg

 

Vice President, General Counsel and Secretary

GEI Capital VII, LLC

By:

 

/s/ Andrew C. Goldberg

 

Andrew C. Goldberg

 

Vice President, General Counsel and Secretary

Leonard Green & Partners, L.P.

By:

 

LGP Management, Inc., its General Partner

By:

 

/s/ Andrew C. Goldberg

 

Andrew C. Goldberg

 

Vice President, General Counsel and Secretary

LGP Management, Inc.

By:

 

/s/ Andrew C. Goldberg

 

Andrew C. Goldberg

 

Vice President, General Counsel and Secretary

 

[SIGNATURE PAGE TO WESCO INTERNATIONAL, INC. 13-G POWER OF ATTORNEY]

EX-99.1 3 d57451dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned agree as follows:

(i) Each party executing this joint filing agreement (the “Agreement”) is individually eligible to use the Schedule 13G to which this Exhibit is attached (the “13G”) and the 13G, including amendments thereto, is filed on behalf of each party hereto; and

(ii) Each party hereto is responsible for the timely filing of the 13G, including any amendments thereto, and for the completeness and accuracy of the information concerning such party contained therein, provided that no party is responsible for the completeness and accuracy of the information concerning any other party hereto, unless such party knows or has reason to believe that such information is inaccurate.

[ Signature Pages Follow ]


IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of July 14, 2020.

 

Green Equity Investors VII, L.P.

By:

 

GEI Capital VII, LLC, its General Partner

By:

 

/s/ Andrew Goldberg

 

 

Andrew Goldberg

 

Vice President, General Counsel and Secretary

Green Equity Investors Side VII, L.P.

By:

 

GEI Capital VII, LLC, its General Partner

By:

 

/s/ Andrew Goldberg

 

 

Andrew Goldberg

 

Vice President, General Counsel and Secretary

GEI Capital VII, LLC

By:

 

/s/ Andrew Goldberg

 

 

Andrew Goldberg

 

Vice President, General Counsel and Secretary

Leonard Green & Partners, L.P.

By:

 

LGP Management, Inc., its General Partner

By:

 

/s/ Andrew Goldberg

 

 

Andrew Goldberg

 

Vice President, General Counsel and Secretary

LGP Management, Inc.

By:

 

/s/ Andrew Goldberg

 

 

Andrew Goldberg

 

Vice President, General Counsel and Secretary

 

Signature Page to Joint Filing Agreement