Vertiv to acquire PurgeRite for $1 billion
Vertiv has agreed to acquire PurgeRite, a provider of fluid management services for data centers, from Milton Street Capital for approximately $1.0 billion in cash, with potential additional consideration of up to $250 million based on 2026 performance.
Productsfluid management servicesliquid cooling systems
“This acquisition is expected to strengthen Vertiv's leadership in next-generation thermal chain services for high-density and AI-driven environments.”vertiv.com
- 4 sources
- vertiv.comVertiv announces intent to acquire PurgeRite, a leading provider of specialized fluid management services, to expand liquid cooling services portfolioNov 3, 2025
- vertiv.comVertiv announces intent to acquire PurgeRite, a leading provider of specialized fluid management services, to expand liquid cooling services portfolioNov 3, 2025
- reuters.comVertiv to acquire PurgeRite for about $1 billion to boost its liquid cooling portfolio | ReutersNov 3, 2025
- vertiv.comVertiv completes acquisition of PurgeRite, expanding leadership in liquid cooling servicesDec 4, 2025
Summarized from public sources; check the original articles before acting on it.
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