{"id":903961,"date":"2025-11-03T07:37:20","date_gmt":"2025-11-03T12:37:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/vertiv-announces-intent-to-acquire-purgerite-a-leading-provider-of-specialized-fluid-management-services-to-expand-liquid-cooling-services-portfolio\/"},"modified":"2025-11-03T07:37:20","modified_gmt":"2025-11-03T12:37:20","slug":"vertiv-announces-intent-to-acquire-purgerite-a-leading-provider-of-specialized-fluid-management-services-to-expand-liquid-cooling-services-portfolio","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/vertiv-announces-intent-to-acquire-purgerite-a-leading-provider-of-specialized-fluid-management-services-to-expand-liquid-cooling-services-portfolio\/","title":{"rendered":"Vertiv Announces Intent to Acquire PurgeRite, a Leading Provider of Specialized Fluid Management Services, to Expand Liquid Cooling Services Portfolio"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n ~$1.0 Billion<\/span> planned<\/i>
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\n acquisition expected to strengthen Vertiv’s leadership in next-generation thermal chain services for high-density and AI-driven environments<\/i>
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\n COLUMBUS, Ohio<\/span>
\n <\/span>, Nov. 3, 2025<\/span><\/span> \/PRNewswire\/ —\u00a0Vertiv Holdings Co (NYSE: VRT), a global leader in critical digital infrastructure, today announced it has entered into an agreement to acquire Purge Rite Intermediate, LLC, (“<\/span>PurgeRite<\/span>“) a leading provider of mechanical flushing, purging and filtration services for data centers and other mission-critical facilities, from Milton Street Capital LLC for approximately $1.0 billion<\/span> in cash consideration at closing plus the potential additional consideration of up to $250 million<\/span> in cash based on achieving certain 2026 performance metrics.\u00a0<\/span>The acquisition, at approximately $1.0 billion<\/span> purchase price, represents approximately 10.0x expected 2026 earnings before interest, taxes, depreciation, and amortization (EBITDA) including expected cost synergies. The expected EBITDA multiple is anticipated to be lower than 10.0x if the earn-out is paid. The acquisition is anticipated to be margin accretive to\u00a0Vertiv’s Services business which operates above corporate average margins. PurgeRite is expected to enhance Vertiv’s thermal management services capabilities and strengthen its position as a global leader in next-generation thermal chain services for liquid cooling systems, including those that support AI data centers.<\/p>\n

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As high-performance computing (HPC) and the AI factories of the future drive higher heat densities that demand liquid cooling technology, it is crucial to deploy and maintain clean fluid loops to maximize cooling performance. Achieving this starts with optimal flow at commissioning by establishing ultra-clean, air-free, chemically stable coolant, and preserving that balance to maintain performance throughout the system’s lifecycle. Effective fluid management \u2014 including high-velocity fluid loop flushing to remove debris, purging to remove air and gas, and filling with clean fluid \u2014 is an essential service that enables high-density data center operations by creating the conditions for greater thermal efficiency, operational resiliency, and data center uptime. \u00a0<\/p>\n

PurgeRite brings engineering expertise, proprietary technologies, and the ability to scale to meet the needs of challenging data center schedules, to enable complex liquid cooling applications across the thermal chain from chillers to coolant distribution units (CDUs). With strong relationships across hyperscalers and Tier 1 colocation providers, PurgeRite has established itself as an industry leader in mechanical flushing, purging, and filtration for mission-critical data center applications.<\/p>\n

“This acquisition represents a strategic expansion of Vertiv’s fluid management capabilities, from design through maintenance,” said Gio Albertazzi<\/span>, CEO at Vertiv. “PurgeRite’s specialized services and engineering excellence are expected to complement our existing portfolio and strengthen our ability to support high-density computing and AI applications where efficient thermal management is critical to performance and reliability. This transaction aligns with our priority of deploying capital towards strategic acquisitions that strengthen and expand our leadership across the critical digital infrastructure ecosystem.”<\/p>\n

Following the close of the transaction, PurgeRite’s services will join forces with Vertiv’s existing liquid cooling services offerings to deliver end-to-end thermal management solutions from facility to room and row to rack. The addition of PurgeRite is anticipated to deliver significant customer benefits, including:<\/p>\n