Vertiv acquires UtilityInnovation Group for 1.45 billion to expand power capabilities
The transaction includes up to 1.15 billion in earnouts tied to EBITDA targets and is scheduled to close by the fourth quarter of 2026.
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Critical digital infrastructure provider
vertiv.comLast updated
In short: Vertiv reported strong Q2 2026 growth and acquired UtilityInnovation Group for $1.45 billion to expand its AI power infrastructure.
The transaction includes up to 1.15 billion in earnouts tied to EBITDA targets and is scheduled to close by the fourth quarter of 2026.
Net sales increased 24% to $3,274 million, diluted EPS grew 53% to $1.27, and full-year guidance raised.
It integrates power, cooling, compute, and monitoring into a single rack-level system.
The UPS provides 90-minute backup for emergency lighting with 0 ms transfer time and digital compliance logging.
On Tuesday, 09.09.2026, Vertiv (VRT) took advantage of the Goldman Sachs Communacopia + Technology 2026 conference to present a more ambitious long-term plan, raising its...
South Korean energy firm SGC Energy has partnered with Vertiv to maximize the efficiency of power and cooling solutions at SGC's planned data center in...
The more than $1 billion acquisition of the Raleigh, N.C., company could close later this year.
Vertiv Holdings said on Wednesday it would acquire Utility Innovation Group, a provider of microgrid solutions and advanced data center power control systems, for about...
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