$VRT (VERTIV HOLDINGS) — 8-K: Vertiv to acquire UtilityInnovation Group for ~$1.45 billion to speed AI data center power

Vertiv Corporation agreed to acquire UtilityInnovation Group for approximately $1.45 billion in cash at closing, with up to $1.15 billion in additional cash tied to EBITDA targets over 12- and 24-month periods. At the $1.45 billion purchase price, the deal represents approximately 13x expected UIG 2027 EBITDA. Vertiv expects the acquisition to be accretive to adjusted earnings per share in the first year following completion. The transaction adds microgrid controls, onsite generation orchestration, microgrid-specific switchgear and behind-the-meter power architecture to Vertiv’s portfolio.

Vertiv Corporation agreed to acquire UtilityInnovation Group for approximately $1.45 billion in cash at closing, with up to $1.15 billion in additional cash tied to EBITDA targets over 12- and 24-mont