Oct 28, 6:02 AM ET
Vertiv Holdings Co reported a 61% increase in third-quarter net sales to $4,313 million and diluted EPS of $1.95, driven by broad-based regional demand and organic sales growth. Based on strong operational performance and visibility, the company raised its full-year 2026 guidance across key metrics.
- Net sales for Q3 2026 reached $4,313 million, up 61% compared to Q3 2025.
- Diluted EPS grew 91% to $1.95 and adjusted diluted EPS grew 78% to $2.21 for the quarter.
- Full year 2026 net sales guidance was raised to a midpoint of $14,650 million.
- Operating cash flow for Q3 2026 was $794 million, with adjusted free cash flow at $652 million.
Read the filing on SEC.gov ↗
Oct 27, 6:34 AM ET
Vertiv Holdings Co. completed its acquisition of Utility Innovation Holdings, Inc. for approximately $1.45 billion in upfront cash, with up to $1.15 billion in additional contingent cash consideration based on EBITDA targets. The transaction expands Vertiv's portfolio into microgrids and behind-the-meter power architecture to help data center operators address power constraints.
- Vertiv completed the acquisition on October 27, 2026, paying approximately $1.45 billion in upfront cash.
- Additional contingent cash consideration of up to $1.15 billion may be paid in two tranches based on EBITDA targets.
- The acquisition purchase price represents approximately 13x expected UIG 2027 EBITDA.
Read the filing on SEC.gov ↗
Oct 26, 6:40 AM ET
Vertiv announced it has completed its acquisition of King Environmental Services Ltd. (KES), a Dublin-area provider of fluid management, commissioning and load-testing services for data centers, through a wholly owned subsidiary. The company said the financial terms were not disclosed and are not expected to be material to its financial results.
- Acquisition of King Environmental Services Ltd. closed, announced October 26, 2026
- KES is headquartered near Dublin, Ireland, and serves customers across EMEA
- Financial terms were not disclosed; Vertiv says results are not expected to be material
- Deal builds on Vertiv's 2025 acquisition of PurgeRite in North America
Read the filing on SEC.gov ↗
Sep 2, 6:42 AM ET
Vertiv agreed to acquire Utility Innovation Holdings, which operates as UtilityInnovation Group (UIG), a microgrid and power architecture provider for data centers, for about $1.45 billion in upfront cash plus up to $1.15 billion in additional cash tied to EBITDA targets. The company expects to fund the deal from existing resources and to close in the fourth quarter of 2026, subject to regulatory approval, and expects the deal to be accretive to adjusted earnings per share in the first year after completion.
- Upfront cash of about $1.45 billion at closing, subject to customary adjustments for working capital, indebtedness and transaction expenses
- Up to $1.15 billion in additional cash, payable in two tranches if EBITDA targets over 12- and 24-month periods are met
- Purchase price represents about 13x expected UIG 2027 EBITDA; Vertiv expects accretion to adjusted EPS in the first year
- Expected to close in the fourth quarter of 2026 after the Hart-Scott-Rodino waiting period and other customary conditions
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.