India, Nov. 4 -- $1.0 Billion planned acquisition expected to strengthen Vertiv's leadership in next-generation thermal chain services for high-density and AI-driven environments

Vertiv Holdings Co, a leading player in critical digital infrastructure, has entered into an agreement to acquire PurgeRite Intermediate, LLC, ("PurgeRite") a leading provider of mechanical flushing, purging and filtration services for data centers and other mission-critical facilities, from Milton Street Capital LLCfor approximately $1.0 billion in cash consideration at closing plus the potential additional consideration ofup to $250 million in cash based on achieving certain 2026 performance metrics. The acquisition, at approximately $1.0 billion purchase pric...