Vertiv Completes Acquisition of PurgeRite, Expanding Leadership in Liquid Cooling Services

Vertiv Completes Acquisition of PurgeRite, Expanding Leadership in Liquid Cooling Services

~$1.0 billion purchase strengthens Vertiv's capabilities in specialized fluid management services for high-density computing and AI applications

Vertiv Closes $1B+ Deal for Houston-based PurgeRite

The deal includes a potential $250 million post-closing earnout for PurgeRite, which provides cooling and filtration services vital to data centers, as well as medical and research facilities and precision manufacturing plants. The post Vertiv Closes $1B+ Deal for Houston-based PurgeRite appeared first on The Texas Lawbook.

Vertiv completes $1 billion acquisition of PurgeRite

Vertiv has completed its acquisition of US-based PurgeRite in a deal worth around $1 billion, expanding its liquid cooling services offering. The company said the PurgeRite will enhance its thermal management services capabilities and strengthen its position in what it calls the ‘thermal chain’ for liquid cooling systems. “We are excited to officially welcome PurgeRite to Vertiv, expanding to deepen our fluid management services capabilities,” s…

Vertiv completes acquisition of PurgeRite to enhance thermal management

Vertiv strengthens its thermal management capabilities by acquiring PurgeRite, bolstering its position as a leader in liquid cooling systems.