Vertiv Holdings Co.

COLUMBUS – October 31, 2026 -- Vertiv Holdings Co. (NYSE: VRT) has completed its acquisition of Utility Innovation Holdings, Inc., which operates as UtilityInnovation Group (UIG), for about $1.45 billion in upfront cash. The deal also carries up to $1.15 billion in contingent cash consideration, tied to EBITDA targets over 12- and 24-month periods.

Upfront price equals 13x expected 2027 EBITDA

The upfront price represents approximately 13x expected UIG 2027 EBITDA. Vertiv expects the multiple to fall significantly if the full earnout is paid. The company expects the acquisition to be accretive to adjusted earnings per share in the first year after completion.

Columbus, Ohio – October 31, 2026 -- Vertiv Holdings Co. (NYSE: VRT) launched SmartIT, a factory-validated AI infrastructure platform that combines rack, power, liquid cooling and monitoring in one pre-engineered design, and made it available globally from day one.

The platform targets enterprises, research institutions and colocation providers. It deploys in existing facilities and new data centers. Vertiv says it also covers commercial spaces and hyperscale environments, in each case without redesign.

SmartIT integrates five infrastructure layers before shipment

The solution combines rack infrastructure, DC power conversion and distribution, direct-to-chip liquid cooling, in-rack cooling distribution and monitoring. Vertiv validates these systems at the factory, which limits on-site commissioning to facility power and cooling connections. The design was previously deployed with NVIDIA to support the NVIDIA DGX GB300 system.

COLUMBUS, Ohio – October 31, 2026 -- Vertiv Holdings Co. (NYSE: VRT) has completed its acquisition of King Environmental Services Ltd. (KES), extending its thermal and fluid management services into Europe, the Middle East and Africa (EMEA). Financial terms were not disclosed, and Vertiv does not expect the deal to be material to its financial results.

KES adds fluid management and load testing for liquid-cooled data centers

KES is a Europe-based provider of fluid management, commissioning and load-testing services for high-density, liquid-cooled data centers. Founded in 2002, it is headquartered near Dublin, Ireland, and serves EMEA customers from hubs in North Dublin and Frankfurt.

Its service scope covers design review and feasibility studies, pipework flushing, filtration and water treatment, testing, adjusting and balancing (TAB), data logging and thermography, and large-scale thermal and electrical load testing.

Columbus – October 29, 2026 -- Vertiv Holdings Co. (NYSE: VRT) has introduced Vertiv SmartIT, a factory-validated AI infrastructure platform built on NVIDIA MGX and OCP ORV3 architectures, available now for global deployments.

The solution integrates rack infrastructure, DC power conversion and distribution, direct-to-chip liquid cooling, in-rack cooling distribution and monitoring. Vertiv validates these systems before shipment, which limits on-site commissioning to connections with facility power and cooling. It was previously deployed with NVIDIA to support the NVIDIA DGX GB300.

SmartIT supports four NVIDIA systems from single-rack to multi-rack scale

The platform supports NVIDIA GB300 NVL72, Vera Rubin NVL72, DGX Rubin NVL8 and HGX Rubin NVL8. Customers can expand from one rack to several without redesign between phases. Target buyers are enterprises, research institutions and colocation providers.