📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $Vertiv(VRT.US) Vertiv to Acquire UtilityInnovation Group for $1.45 Billion, Plus Up to $1.15 Billion Earnout

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗩𝗲𝗿𝘁𝗶𝘃 will acquire 𝗨𝘁𝗶𝗹𝗶𝘁𝘆𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗚𝗿𝗼𝘂𝗽 for approximately $𝟭.𝟰𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 cash.

➤ Deal includes up to $𝟭.𝟭𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 additional performance-based cash earnout.

➤ Base purchase price represents approximately 𝟭𝟯𝘅 expected 𝟮𝟬𝟮𝟳 EBITDA.

➤ Acquisition expected to boost 𝗮𝗱𝗷𝘂𝘀𝘁𝗲𝗱 𝗘𝗣𝗦 in the first year.

➤ UIG provides 𝗺𝗶𝗰𝗿𝗼𝗴𝗿𝗶𝗱 controls and power architecture for data centers.

➤ Deal expands Vertiv upstream to 𝗴𝗿𝗶𝗱 𝗶𝗻𝘁𝗲𝗿𝗰𝗼𝗻𝗻𝗲𝗰𝘁 and onsite generation.

➤ Combined portfolio would span power infrastructure from 𝘂𝘁𝗶𝗹𝗶𝘁𝘆 𝘁𝗼 𝗿𝗮𝗰𝗸.

➤ UIG supports grid-connected, 𝗯𝗿𝗶𝗱𝗴𝗲-𝘁𝗼-𝗴𝗿𝗶𝗱 and islanded data center deployments.

➤ Transaction is expected to close in 𝗤𝟰 𝟮𝟬𝟮𝟲.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Expands Vertiv's exposure to rapidly growing 𝗔𝗜 𝗱𝗮𝘁𝗮 𝗰𝗲𝗻𝘁𝗲𝗿 power demand.

➤ Adds critical capabilities for sites facing constrained 𝘂𝘁𝗶𝗹𝗶𝘁𝘆 𝗴𝗿𝗶𝗱 access.

➤ Broadens Vertiv beyond cooling and power into 𝗺𝗶𝗰𝗿𝗼𝗴𝗿𝗶𝗱 infrastructure.

➤ Could help customers accelerate data center deployment and 𝘁𝗶𝗺𝗲-𝘁𝗼-𝗰𝗼𝗺𝗽𝘂𝘁𝗲.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁:

𝗚𝗶𝗼 𝗔𝗹𝗯𝗲𝗿𝘁𝗮𝘇𝘇𝗶, Chief Executive Officer of Vertiv:

"For AI data center operators, competitive advantage increasingly depends on how quickly they can move from site selection to first token. With UIG, we anticipate extending that portfolio upstream to the utility interconnect and onsite power sources, creating a coordinated architecture from source to chip without tying customers to a single generation technology or supplier."