Vertiv completes acquisition of UtilityInnovation Group

Bitget2026/10/27 10:32

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Vertiv completed its acquisition of UtilityInnovation Group for approximately $1.45 billion in upfront cash.
Additional cash consideration of up to $1.15 billion depends on EBITDA targets over 12- and 24-month periods.
The upfront purchase price represents approximately 13 times UtilityInnovation Group’s expected 2027 EBITDA.
The acquisition is expected to increase adjusted earnings per share in the first year following completion.
The deal adds microgrid controls and behind-the-meter power capabilities, extending the portfolio to grid interconnections to help data centers secure power faster.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vertiv Holdings Co. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL80987) on October 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Vertiv completes acquisition of UtilityInnovation Group

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