On the Record · Vertiv Holdings
Vertiv Holdings acquisitions, on the record
The businesses Vertiv Holdings bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
E&I Engineering Ireland Limited and its affiliate Powerbar Gulf LLC (E&I)Word for word“Total consideration was $1,770.4, net of $10.3 of cash acquired, payable in a mix of cash and stock.” 10-K for 2023 | acquisition | — | Total consideration was $1,770.4, net of $10.3 of cash acquired |
CoolTera Ltd.Word for word“In December of 2023, we acquired CoolTera Ltd., an existing technology partner and provider of coolant distribution infrastructure for data center cooling technology.” 10-K for 2023 | acquisition | In December of 2023 | — |
GS Acquisition Holdings CorpWord for word“Agreement and Plan of Merger, dated as of December 10, 2019, by and among GS Acquisition Holdings Corp, Crew Merger Sub I LLC, Crew Merger Sub II LLC, Vertiv Holdings, LLC and VPE Holdings, LLC (incorporated by reference to the Company's definitive proxy statement on Schedule 14A, filed with the SEC on January 17, 2020).” 10-K for 2023 | agreed acquisition | December 10, 2019 | — |
Sale and Purchase Agreement sellers (business not named in the text)Word for word“2.2 Sale and Purchase Agreement between Vertiv Holdings Ireland DAC, Vertiv International Holding Corporation (“Buyers”), Vertiv Holdings Co (the “Company”) and the Sellers named therein, dated September 8, 2021 (incorporated by reference to Exhibit 2.1 to the Company’s Current Report on Form 8-K, filed with the SEC on September 8, 2021).” 10-K for 2023 | agreed divestiture | dated September 8, 2021 | — |
GS Acquisition Holdings CorpWord for word“Vertiv became publicly-traded on February 7, 2020, with its shares listed on the New York Stock Exchange (NYSE:VRT), through a business combination with GS Acquisition Holdings Corp (“GSAH”), a special purpose acquisition company later renamed Vertiv Holdings Co (the "Business Combination").” 10-K for 2024 | merger | February 7, 2020 | — |
Sellers named in the Sale and Purchase Agreement (business not named in the exhibit list)Word for word“2.2 Sale and Purchase Agreement between Vertiv Holdings Ireland DAC, Vertiv International Holding Corporation (“Buyers”), Vertiv Holdings Co (the “Company”) and the Sellers named therein, dated September 8, 2021 (incorporated by reference to Exhibit 2.1 to the Company’s Current Report on Form 8-K, filed with the SEC on September 8, 2021).” 10-K for 2024 | agreed acquisition | dated September 8, 2021 | — |
Business sold, not named in the filingWord for word“The increased use of cash over the comparable period was primarily driven by increased capital expenditures of $39.1, decreased proceeds from disposition of property, plant and equipment of $12.4, decreased proceeds from sale of business of $11.9, and an increased investment in capitalized software of $10.4, offset by the decrease in acquisition of business of $11.2.” 10-K for 2024 | divestiture | — | $11.9 |
Great Lakes Data Racks & Cabinets family of companiesWord for word“In August 2025, we acquired the Great Lakes Data Racks & Cabinets family of companies ("Great Lakes") for approximately $200 million, which enhances our rack, cabinet and integrated white-space infrastructure offerings, strengthening our position in delivering comprehensive solutions for AI, high-density computing, edge and hyperscale environments.” 10-K for 2025 | acquisition | August 2025 | approximately $200 million |
Purge Rite Intermediate, LLCWord for word“For example, our acquisition of Purge Rite Intermediate, LLC ("PurgeRite") in December 2025 expands our thermal services capabilities, supporting system cleanliness, reliability, and performance, particularly in liquid-cooled and hybrid cooling applications.” 10-K for 2025 | acquisition | December 2025 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2018-12-31 | $124.3 million | $4.4 million | — |
| 2019-12-31 | $0 | $0 | — |
| 2020-12-31 | $0 | $0 | — |
| 2021-12-31 | $1.16 billion | $21.7 million | $748.2 million |
| 2022-12-31 | $5 million | $0 | $4.5 million |
| 2023-12-31 | $28.8 million | $11.9 million | — |
| 2024-12-31 | $17.6 million | $0 | $8.7 million |
| 2025-12-31 | $1.18 billion | $0 | $666 million |
Deal filings since 2016
- 2026-09-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-03-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-12-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-11-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-08-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-12-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-11-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-06-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-02-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-12-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-08-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-06-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-09-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-06-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-01-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-11-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-11-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-11-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-10-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-09-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-02-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-02-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-12-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-12-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Vertiv Holdings’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-13. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.