AcquisitionSep 2, 2026Completed
🇺🇸 United States
UIUtility Innovation Holdings, Inc.VVertiv Holdings Co.
Power & Utilities › Independent Power & Renewables
Equity value$1.45BEquity value
AnnouncedSep 2, 2026
ConsiderationCash
StructureNot stated
RegionNorth America
Cross-borderNo
Contingent paymentYes
Overview
Vertiv Holdings Co. agreed to acquire Utility Innovation Holdings, Inc. (UtilityInnovation Group) for approximately $1.45 billion in cash at closing, with additional consideration of up to $1.15 billion in cash based on EBITDA targets.
Deal rationale
The acquisition is expected to extend Vertiv's power and cooling portfolio upstream to the grid interconnect and onsite power sources, helping data center operators accelerate time to power.
AI-generated from the SEC filingCompletedPower & Utilities › Independent Power & RenewablesUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | $1.45B | Headline figure |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash |
Advisors
Buy-side
JPJ.P. Morgan
Sell-side
MSMorgan Stanley
Parties
Target
UIUtility Innovation Holdings, Inc.
- Headquarters
- United States
- Ticker
- —
Acquirer
VVertiv Holdings Co.
- Headquarters
- United States
- Ticker
- —