Vertiv has announced its intention to acquire PurgeRite Intermediate, a specialist in mechanical flushing, purging, and filtration services for data centers, for approximately $1.0 billion in cash, with potential additional consideration up to $250 million based on 2026 performance metrics.

• The acquisition is valued at approximately 10.0x expected 2026 earnings before interest, taxes, depreciation, and amortisation (EBITDA) including anticipated cost synergies.
• This strategic move aims to strengthen Vertiv's thermal management services capabilities, particularly for liquid cooling systems supporting AI data centers.
• PurgeRite, headquartered in Houston, Texas, brings expertise in maintaining clean fluid loops crucial for high-performance computing (HPC) and AI applications.