Highest-materiality recent filing
Vertiv completes acquisition of ThermoKey S.p.A., expanding heat rejection for AI data centers
Acquisition of ThermoKey, a heat rejection and heat-exchange technology provider, completed June 12, 2026.
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.
Vertiv Q1 net sales up 24% to $2.04B; adj EPS up 49%; raises FY sales guidance by $250M
Net sales $2,036M (+24% YoY); diluted EPS $0.42, adjusted diluted EPS $0.64 (+49%).
Vertiv Q4 adjusted EPS $0.99 (+77% YoY); net sales $2.35B (+26%); FY25 guidance raised
Q4 diluted EPS $0.38, adjusted diluted EPS $0.99, up 77% from Q4 2023.
Vertiv raises annual dividend 50% to $0.15 per share, declares Q4 dividend of $0.0375
Annual dividend increased from $0.10 to $0.15 per share (50% increase), effective Q4 2024.
Vertiv Q3 net sales up 19% to $2.07B, adj. EPS $0.76, raises full-year guidance
Net sales $2,074M (+19% YoY); adj. operating margin 20.1% (+310 bps); adj. diluted EPS $0.76
Vertiv Q2 net sales $1.95B +13% YoY; orders +57%; raises full-year guidance
Q2 organic orders up 57% YoY; book-to-bill 1.4x; trailing 12-month orders +37%.
Vertiv Q1 net sales $1.64B (+8% YoY), organic orders up 60%; raises FY2024 guidance
First-quarter net sales of $1,639M, up 8% YoY; organic orders surged 60% and book-to-bill reached 1.5x.
Vertiv Q4 net sales $1.865B (+13% YoY); adj op profit +57%; FY24 guide strong
Q4 net sales $1,865M (+13% YoY); organic orders +23%; record backlog $5.5B.
Vertiv extends ABL facility to 2029, ups commitments by $30M to $600M
Maturity extended to February 2029; prior facility would have become current in March 2024.
Vertiv raises 2023 guidance, authorizes $3B buyback, increases dividend
Raises 2023 net sales guidance to $6,875M-$6,895M from $6,826M-$6,851M; organic growth now 21.9%-22.3%.
Q3 net sales $1,743M, up 18% YoY (17% organic); orders up 11% ex-FX; backlog record $5.0B.
Vertiv Q2 net sales $1,734M (+24% YoY), raises FY guidance across all metrics
Q2 net sales $1,734M (+24% YoY, organic +25%); adjusted op margin 14.5% (+860 bps YoY).
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.
On February 4, 2025, Robin L. Washington notified the Board of Directors (the “Board”) of Vertiv Holdings Co (the “Company”) that she has decided to resign from the Board, effective as of March 31, 2025, in light of her recently announced appointment to serve as President and Chief Operating and Financial Officer of Salesforce, Inc.
On April 4, 2024, Vertiv Holdings Co (the “Company”) announced that Eric M. Johnson, an experienced accounting and finance leader, will join the financial executive team as Chief Accounting Officer, effective on or around April 29, 2024.
Scott Cripps, the Company’s current Chief Accounting Officer, will depart from this role on that same date, assuming another leadership role within the organization.
Effective January 1, 2023, as previously announced on October 3, 2022, Vertiv Holdings Co (the “Company”) completed its succession plan as Giordano Albertazzi (“Albertazzi”) assumed the role of Chief Executive Officer of the Company and became a member of the Company’s board of directors
Effective January 1, 2023, as previously announced on October 3, 2022, Vertiv Holdings Co (the “Company”) completed its succession plan as Giordano Albertazzi (“Albertazzi”) assumed the role of Chief Executive Officer of the Company and became a member of the Company’s board of directors
Mr. Johnson will also step down from the Board of Directors effective December 31, 2022.
On October 3, 2022, Rob Johnson, Chief Executive Officer of Vertiv Holdings Co (the “Company”) announced that he will retire from his position as CEO of the Company for health-related reasons effective as of December 31, 2022.
the Board of the Company increased the authorized number of directors on the Board from ten to eleven and appointed Joseph J. DeAngelo to the Board, effective immediately
The Company has also announced that Giordano Albertazzi, currently serving as President, Americas, has been appointed Chief Operating Officer and President, Americas of the Company effective immediately
and will thereafter assume the role of Chief Executive Officer effective as of January 1, 2023.
Mr. Albertazzi will succeed Mr. Johnson on the Board of Directors as of January 1, 2023.
Max materiality 0.85 · Median 0.57 · Most common event earnings