Vertiv agrees to buy UtilityInnovation Group for USD 1.45 billion cash plus earnout

Reuters2026/09/02 10:30

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Vertiv agreed to buy microgrid specialist UtilityInnovation Group for about USD 1.45 billion in cash at closing.
Deal includes up to USD 1.15 billion in additional cash tied to EBITDA targets over 12- and 24-month periods.
Purchase price implies about 13x expected 2027 EBITDA, with the multiple expected to fall if the earnout is paid.
Transaction expands Vertiv’s reach into behind-the-meter power architecture, microgrid controls, switchgear, onsite generation and storage orchestration.
Vertiv expects the acquisition to be accretive to adjusted EPS in the first year after completion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vertiv Holdings Co. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609020630PR_NEWS_USPR_____CL38672) on September 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Vertiv agrees to buy UtilityInnovation Group for USD 1.45 billion cash plus earnout

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