Recent Updates — VRT
Vertiv Holdings Co reported third-quarter net sales of $4,313 million, a 61% increase from the prior year period. Diluted earnings per share grew 91% to $1.95, while adjusted diluted EPS rose 78% to $2.21. The company raised its full-year 2026 net sales guidance midpoint by $650 million to $14,650 million and increased full-year adjusted diluted EPS guidance to $7.15. Vertiv operates in the critical digital infrastructure industry, providing power, cooling, and IT infrastructure solutions for data centers.
Vertiv Holdings Co completed the acquisition of Utility Innovation Holdings, Inc., operating as UtilityInnovation Group (UIG), on October 27, 2026. The transaction includes approximately $1.45 billion in upfront cash consideration and up to $1.15 billion in contingent earnout payments based on EBITDA targets. UIG provides microgrid solutions, advanced power controls, and behind-the-meter power architecture for data centers. Vertiv expects the acquisition to be accretive to adjusted earnings per share in the first year following completion. The company operates in the critical digital infrastructure industry, providing power, cooling, and IT infrastructure solutions for data centers.
Vertiv Holdings Co. has completed its acquisition of King Environmental Services Ltd. (KES), a Dublin-based provider of fluid management, commissioning, and load-testing services for high-density liquid-cooled data centers. The transaction expands Vertiv's global thermal management capabilities into Europe, the Middle East, and Africa (EMEA). Financial terms were not disclosed and are not expected to be material to Vertiv's results. This move builds on Vertiv's North American fluid management presence established through its 2025 acquisition of PurgeRite. Vertiv Holdings Co. provides power, cooling, and IT infrastructure solutions and services for critical digital applications.
Vertiv Holdings Co. announced the execution of a definitive agreement to acquire King Environmental Services Ltd., a Europe-based provider of fluid management and load-testing services for high-density, liquid-cooled data centers. The transaction is expected to close in the fourth quarter of 2026. Financial terms were not disclosed but are not expected to be material to Vertiv's financial results. This acquisition expands Vertiv’s global thermal management services capabilities into Europe, Middle East and Africa (EMEA), building on its North American fluid management presence established by the 2025 acquisition of PurgeRite. Vertiv Holdings Co. operates in the critical digital infrastructure industry, providing power, cooling, and IT infrastructure solutions and services for data centers.
Vertiv Holdings Co announced the acquisition of Utility Innovation Holdings Inc. (UIG) via a merger with its subsidiary, Vertiv Corporation. The transaction involves approximately $1.45 billion in upfront cash consideration at closing, plus up to $1.15 billion in contingent earnout payments based on UIG achieving specific EBITDA targets over 12- and 24-month periods. At the base purchase price, the deal represents roughly 13 times expected 2027 EBITDA for UIG. Vertiv intends to fund the acquisition from existing resources, with closing expected in the fourth quarter of 2026 subject to regulatory approvals including Hart-Scott-Rodino waiting period expiration. The acquisition adds microgrid controls and behind-the-meter power architecture to Vertiv's portfolio, aiming to accelerate time-to-power for AI data centers. Vertiv Holdings Co operates in the critical digital infrastructure industry, providing power, cooling, and IT infrastructure solutions for data centers.
On September 2, 2026, Vertiv Holdings Co announced that its Board of Directors declared a quarterly cash dividend of $0.0625 per share of Class A common stock. The dividend is payable to shareholders of record as of the close of business on September 14, 2026, and is expected to be paid on September 24, 2026. Vertiv Holdings Co operates in the critical digital infrastructure industry, providing power, cooling, and IT infrastructure solutions for data centers and communication networks.