Highest-materiality recent filing
Vertiv closes acquisition of liquid-cooling specialist Strategic Thermal Labs
Acquired Strategic Thermal Labs LLC to strengthen liquid-cooling capability for AI/HPC workloads.
Vertiv Q1 net sales up 30%, adj. operating profit +64%; raises full-year guidance
Net sales $2,650M (+30% YoY); Americas organic growth 44% on data center demand.
Vertiv completes $2.1B investment-grade notes offering and $2.5B revolver; repays secured debt
Issued $2.1B of senior unsecured notes across four tranches: 4.850% (2036), 5.650% (2046), 5.800% (2056), 5.950% (2066).
Vertiv Q4 sales up 23% to $2.88B, organic orders surge 252%; FY26 guidance above consensus
Q4 net sales $2,880M (+23% YoY); organic orders +252% YoY; book-to-bill ~2.9x; backlog $15.0B (+109%).
Vertiv completes $1.0B acquisition of PurgeRite for liquid cooling services
Upfront cash consideration ~$1.0B; additional earnout up to $250M based on post-closing performance.
Vertiv (VRT) to acquire PurgeRite for $1.0B cash plus $250M earn-out; expects Q4 close
~$1.0B upfront cash plus up to $250M earn-out tied to 2026 performance metrics.
Vertiv Q3 organic orders +60% YoY, diluted EPS +122%, raises FY guidance
Organic orders up ~60% YoY, +20% sequentially; book-to-bill ~1.4x, backlog $9.5B.
Vertiv names Craig Chamberlin as new CFO; David Fallon to retire Nov 9, 2025
Craig Chamberlin appointed CFO effective Nov 10, 2025, succeeding retiring CFO David Fallon.
Vertiv completes ~$200M acquisition of Great Lakes Data Racks & Cabinets
Announced closing of acquisition of Great Lakes Data Racks & Cabinets for approximately $200 million.
Vertiv amends term loan: maturity extended to Aug 2032, ~$2.09B refinanced
Amendment No. 6 extends term loan maturity to August 12, 2032 via new 7-year Tranche B-4.
Vertiv Q2 net sales up 35% to $2.64B, adjusted EPS $0.95 (+42%); raises FY guidance
Q2 net sales of $2,638M (+35% YoY); adjusted operating profit $489M (+28%); backlog hits $8.5B.
Vertiv to acquire Great Lakes Data Racks for $200M, targeting AI-ready rack solutions
Purchase price $200M, representing ~11.5x expected 2026 EBITDA including synergies.
Vertiv CFO David Fallon to retire by H2 2025; company reaffirms Q2/FY2025 guidance
David Fallon, CFO since 2017, will retire once a successor is named, anticipated in H2 2025.
On May 21, 2025, David Fallon, Chief Financial Officer (“CFO”) of Vertiv Holdings Co (the “Company”) informed the Company’s Board of Directors that due to family reasons, he will retire from his position as the CFO of the Company effective once a successor has been named and assumes the role, which is anticipated to occur in the second half of 2025.
Max materiality 0.85 · Median 0.65 · Most common event m_and_a