Vertiv agrees to buy Utility Innovation Group for about $2.6B
Vertiv agreed to buy Utility Innovation Group for $1.45B cash plus up to $1.15B in earnouts, targeting deal close in Q4 2026, and declared a $0.0625 quarterly Class A dividend.
Vertiv Holdings Co. 6B and around 13x 2027 EBITDA. The deal is targeted to close in Q4 2026 and is expected to be accretive to adjusted EPS in year one. 0625 quarterly Class A dividend.