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Vertiv Completes Acquisition of UtilityInnovation Group

VRT

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10:30:41 AM UTC
SquawkNews
~$1.45 billion acquisition expected to expand Vertiv's addressable opportunity in power-constrained data centersUIG's proven team and proprietary technology add microgrid controls, onsite generation orchestration, microgrid-specific switchgear and behind-the-meter power architecture to Vertiv's por…
10:31:11 AM UTC
SquawkNews
Vertiv completed its acquisition of UtilityInnovation Group for approximately $1.45B in cash, with up to $1.15B in earnout tied to EBITDA. Vertiv expects the deal to be accretive to adjusted EPS in the first year.Material DetailsContext by AI AnalystThis is a strategic bolt-on scaling Vertiv’s data…
10:34:45 AM UTC
SquawkNews
Vertiv Holdings Co. (VRT) filed a Form 8K - Acquisition or Disposition of Assets - with the U.S Securities and Exchange Commission on October 27, 2026.On October 27, 2026 (the "Closing Date") Vertiv Corporation, an Ohio corporation ("Buyer") and subsidiary of Vertiv Holdings Co, a Delaware corporat…
10:36:17 AM UTC
SquawkNews
VERTIV - ACQUISITION EXPECTED TO BE ACCRETIVE TO ADJ EPS IN FIRST YEAR FOLLOWING COMPLETION
10:36:31 AM UTC
SquawkNews
VERTIV - UNIT COMPLETES ACQUISITION OF UTILITYINNOVATION GROUP FOR $1.45 BLN IN UPFRONT CASH