VRT ▼ -1.9% - Vertiv Holdings Co $VRT Vertiv: to Acquire UtilityInnovation Group for ~$1.45B to Expand AI Data Center Power Capabilities ? • Vertiv agreed to acquire UtilityInnovation Group for approximately $1.45B in cash at closing, plus up to $1.15B in additional cash earnout tied to EBITDA targets. • The deal adds microgrid controls, onsite generation and energy storage orchestration, microgrid-specific switchgear and behind-the-meter power architecture for AI data centers. • Vertiv expects the acquisition to be accretive to Adj. EPS in the first year after closing, with completion expected in Q4 2026. Vertiv shares fell 1.9% despite announcing a $1.45 billion acquisition of UtilityInnovation Group, which will bolster its AI data center power infrastructure capabilities through added microgrid controls and energy storage solutions. The deal is expected to close in Q4 2026 and be accretive to adjusted earnings per share in its first year, but the near-term cost and earnout structure of up to $1.15 billion tied to EBITDA targets may have prompted profit-taking among investors. 02-SEP-2026 06:32 AM ET