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Wesco Financial Corp.

Active
301 East Colorado Boulevard Suite 300,  Pasadena,  California (CA),  91101,  United States
Sector: Insurance Entity: Private Founded: 1958
1958
Founded
Year established
2011
Delisted
Went private
2
Transactions
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$548M
Deal Value
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1
M&A Activity
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About Wesco Financial Corp.
Wesco Financial Corporation was a United States–based diversified financial services holding company engaged in insurance, industrial manufacturing, furniture rental, and investment activities. Through its subsidiaries, the company operated businesses in property and casualty insurance, precision metal products manufacturing, and furniture rental and relocation services. Its principal holdings included CORT Business Services Corporation, a provider of furniture rental and relocation solutions, and Precision Steel Warehouse, Inc., a processor and distributor of specialty steel products. Wesco Financial also maintained a portfolio of marketable securities and other investments. The company served commercial businesses, industrial customers, government agencies, and consumers across the United States through its operating subsidiaries. Founded in 1958, Wesco Financial Corporation was headquartered in Pasadena, California, United States. In 2011, the company was acquired by Berkshire Hathaway Inc., which had previously been its majority shareholder.
Investors
Current Investors
Berkshire Hathaway, Inc. ••••••••
Past Investors
•••••••• ••••••••
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Investment Details
2 Transactions
Trans. IDInvestment DateExit DateInvestor(s)Deal Size (M)Seller(s)
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Wesco Financial Corp. M&A Activity
1 Acquisition
# Company Transaction Date Close Date Sector Country
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Key Executives & Professionals
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Frequently Asked Questions
What does Wesco Financial Corp. do?
Wesco Financial Corporation was a United States–based diversified financial services holding company engaged in insurance, industrial manufacturing, furniture rental, and investment activities. Through its subsidiaries, the company operated businesses in property and casualty insurance, precision
Where is Wesco Financial Corp. headquartered?
Wesco Financial Corp. is headquartered in Pasadena, California (CA), United States.
When was Wesco Financial Corp. founded?
Wesco Financial Corp. was founded in 1958.
What sector is Wesco Financial Corp. in?
Wesco Financial Corp. operates in the Insurance sector.
Who are the investors in Wesco Financial Corp.?
Current investors in Wesco Financial Corp. include Berkshire Hathaway, Inc.. Sign up to AcquityData to view full investor details, deal dates and transaction history.
How many M&A transactions has Wesco Financial Corp. been involved in?
Wesco Financial Corp. has 2 transactions tracked on AcquityData. Sign up to view full investment history including dates, deal sizes, investors and sellers.

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