M&A
confidence high
sentiment positive
materiality 0.90
Vertiv to acquire UtilityInnovation Group for $1.45B cash plus up to $1.15B earnout
Vertiv Holdings Co
- Deal: ~$1.45B upfront cash, plus up to $1.15B based on 12- and 24-month EBITDA targets.
- Purchase price ~13x expected UIG 2027 EBITDA; expected to close Q4 2026.
- Adds microgrid controls, onsite generation orchestration, and behind-the-meter power architecture.
- Vertiv expects acquisition to be accretive to adjusted EPS in first year after close.
- Funding from existing resources; HSR waiting period is a key closing condition.