Data-center cooling services expand across Europe, the Middle East and Africa after Vertiv's deal

Vertiv Holdings Co. (VRT) completed its $1.45 billion acquisition of UtilityInnovation Group, with up to $1.15 billion in additional payments tied to EBITDA targets. The deal is expected to boost Vertiv's earnings per share and expand its portfolio in microgrid solutions and data center power architecture.

Vertiv Holdings Co (VRT) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets. Vertiv Completes Acquisition of UtilityInnovation Group ~$1.45 billion acquisition expected to expand Vertiv’s addressable opportunity in power-constrained data centers UIG’s proven team and proprietary technology add microgrid controls, onsite generation orchestration, microgrid

Vertiv (VRT) completed its acquisition of UtilityInnovation Group for ~$1.45B in cash, with up to $1.15B in earnout. The company expects the deal to boost adjusted EPS in the first year.

Vertiv Holdings Co. (NYSE: VRT) completed its $1.45 billion acquisition of UtilityInnovation Group (UIG), with up to an additional $1.15 billion in earnout payments. The deal aims to expand Vertiv's capabilities in power-constrained data centers by adding UIG's microgrid solutions and behind-the-meter power architecture. Vertiv expects the acquisition to be accretive to earnings per share in the first year.

Vertiv Holdings Co. (VRT) acquired Utility Innovation Group (UIG) for about $1.45 billion to expand its data center power solutions, adding microgrid controls and behind-the-meter power architecture. The deal aims to help data center operators secure power faster amid grid constraints, according to Vertiv's CEO.

Acuity to acquire Parameter Technologies for $675M to expand AI data centre monitoring. Parameter expects $100M 2027 revenue, 30%+ growth, 40% EBITDA margins. Deal to close in Acuity's Q2 2027. Vertiv completed King Environmental Services acquisition to expand AI data centre cooling services.