Vertiv Holdings Co.는 마이크로그리드 및 전력 아키텍처 전문가인 UtilityInnovation Group를 약 가격에 인수하기로 합의했다.

Vertiv Holdings Co. (NYSE: VRT) announced that its wholly-owned subsidiary, Vertiv Corporation, has entered into an agreement and plan of merger to acquire Utility Innovation Holdings, Inc., which operates as UtilityInnovation Group (UIG), for approximately $1.45 billion in cash at closing. The transaction includes additional consideration of up to $1.15 billion in cash based on achieving certain earnings before interest, taxes, depreciation and amortization targets over twelve- and twenty-four-month periods. At the base purchase price, the acquisition represents approximately thirteen times expected UIG 2027 EBITDA, with the multiple anticipated to be significantly lower if the full earnout is paid. Vertiv expects the acquisition to be accretive to adjusted earnings per share in the first year following completion.

Strategically, the acquisition extends Vertiv upstream to the grid interconnect, adding microgrid controls, onsite generation and energy storage orchestration, and behind-the-meter power architecture. These capabilities are expected to help data center operators secure power faster as grid constraints increasingly limit artificial intelligence infrastructure deployment. As power availability becomes a more critical factor in data center development, architecture decisions are moving earlier in the planning process. Microgrid systems can coordinate onsite generation and energy storage, reduce reliance on utility power and support the grid when needed, expanding the importance of power architecture at the earliest stages of site development.

Gio Albertazzi, Chief Executive Officer, Vertiv, stated, For AI data center operators, competitive advantage increasingly depends on how quickly they can move from site selection to first token. He added, Vertiv has the most complete power and cooling portfolio in the industry. 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. Albertazzi continued, Together, we anticipate being better positioned to support grid-connected sites, bridge-to-grid deployments and islanded sites supplied by onsite generation, while reducing complexity from site planning through rack-level deployment. This broader capability can help customers accelerate time to power and, ultimately, time to first token.

UIG Founder and CEO Sidney Hinton added, UIG was founded to solve increasingly complex power challenges for data center operators through flexible, technology-agnostic architectures. Vertiv's global scale, critical infrastructure portfolio and service capabilities make it a strong strategic fit for what we have built. We believe this combination can expand the reach of UIG's microgrid controls and power architecture expertise and create greater value for customers as power becomes an increasingly critical constraint on data center growth.

Founded in 2020, UIG is headquartered in Raleigh, North Carolina, with European headquarters in Dublin, Ireland, and manufacturing operations in North Carolina and New Jersey. The company designs and delivers power systems that support real-time load and frequency balancing across behind-the-meter systems and utility-connected energy resources, helping address the power demands of AI data center workloads. Its solutions include proprietary controls software, customized microgrid switchgear and energy storage. Combined with Vertiv's existing end-to-end power and cooling portfolio and global service network, the merged entity expects to help customers design and deploy integrated power architectures that improve speed, resiliency, efficiency, and flexibility.

The transaction is subject to regulatory approvals and customary closing conditions and is expected to close in the fourth quarter of 2026. J.P. Morgan Securities LLC is acting as financial advisor to Vertiv, and Buchanan Ingersoll & Rooney PC is serving as legal counsel. Morgan Stanley & Co. LLC is acting as financial advisor to UIG, and Davis Polk & Wardwell LLP is serving as legal counsel. Investor inquiries may be directed to Lynne Maxeiner, Vice President, Global Treasury & Investor Relations at Vertiv, and media inquiries should be routed to Ruder Finn. The release contains standard forward-looking statement disclosures under the Private Securities Litigation Reform Act of 1995, noting that actual results may differ materially due to risks including regulatory approval timing, integration execution, management retention, and the realization of anticipated synergies.