Vertiv Completes $1 Billion Acquisition of PurgeRite, Strengthens Fluid Management Capabilities

Vertiv Holdings Co has successfully acquired Purge Rite Intermediate LLC for approximately $1.0 billion. This acquisition will bolster Vertiv's expertise in specialized fluid management services for high-density computing and AI applications. PurgeRite, known for its mechanical flushing, purging and filtration services for data centers and mission-critical facilities, will enhance Vertiv's thermal management services and solidify its position as a global leader in next-generation thermal chain services for liquid cooling systems.

Gio Albertazzi, CEO at Vertiv, expressed excitement about the acquisition, stating that PurgeRite's specialized expertise in fluid management services complements Vertiv's existing portfolio, enabling the company to provide comprehensive product and service support for customers' critical applications. The integration of PurgeRite's capabilities is expected to offer valuable customer benefits, including improved system performance, enhanced heat transfer and equipment efficiency, reduced risk of downtime, and expanded service scale supporting global operations with consistent quality.

Headquartered in Houston, Texas, PurgeRite is recognized for its industry leadership, strong relationships with hyperscalers, and Tier 1 colocation providers. The company's engineering expertise, proprietary technologies, and ability to scale will enable the delivery of end-to-end thermal management solutions. Vertiv, headquartered in Westerville, Ohio, offers a range of solutions to ensure the continuous operation, optimal performance, and growth of vital applications in data centers, communication networks, and commercial and industrial facilities worldwide.