m_and_a
confidence high
sentiment positive
materiality 0.75
Vertiv (VRT) to acquire PurgeRite for $1.0B cash plus $250M earn-out; expects Q4 close
Vertiv Holdings Co
- ~$1.0B upfront cash plus up to $250M earn-out tied to 2026 performance metrics.
- Purchase price represents ~10.0x expected 2026 EBITDA including cost synergies; margin accretive to Services.
- Transaction expected to close Q4 2025, subject to HSR antitrust waiting period expiration by Jan 29, 2026.
- PurgeRite specializes in mechanical flushing, purging, and filtration for liquid cooling in high-density data centers.
- Vertiv to fund from existing resources; Stifel acting as financial advisor.
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