# 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.

- Type: Acquisition
- Announced: 2025-11-03
- Where: Houston, Texas, United States
- Value: $1.00B
- Status: announced
- Products: fluid management services, liquid cooling systems
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Vertiv](https://endata.com/companies/14494.md) (acquirer)
- [PurgeRite](https://endata.com/companies/83415.md) (target)
- [Milton Street Capital](https://endata.com/companies/88208.md) (investor)
- [PurgeRite Intermediate](https://endata.com/companies/88212.md) (target)

## Sources

- [vertiv.com](https://www.vertiv.com/en-ca/about/news-and-events/corporate-news/vertiv-announces-intent-to-acquire-purgerite-a-leading-provider-of-specialized-fluid-management-services-to-expand-liquid-cooling-services-portfolio/), 2025-11-03: "This acquisition is expected to strengthen Vertiv's leadership in next-generation thermal chain services for high-density and AI-driven environments."
- [vertiv.com](https://www.vertiv.com/en-us/about/news-and-events/corporate-news/vertiv-announces-intent-to-acquire-purgerite-a-leading-provider-of-specialized-fluid-management-services-to-expand-liquid-cooling-services-portfolio/), 2025-11-03: "This acquisition is expected to strengthen Vertiv's leadership in next-generation thermal chain services for high-density and AI-driven environments."
- [reuters.com](https://www.reuters.com/technology/vertiv-acquire-purgerite-about-1-billion-boost-its-liquid-cooling-portfolio-2025-11-03/), 2025-11-03: "Vertiv Holdings on Monday said it would acquire HVAC services firm PurgeRite Intermediate for about $1 billion, as the data center power equipment maker seeks to expand its liquid cooling services portfolio."
- [vertiv.com](https://www.vertiv.com/en-us/about/news-and-events/corporate-news/vertiv-completes-acquisition-of-purgerite-expanding-leadership-in-liquid-cooling-services/), 2025-12-04: "PurgeRite's specialized expertise in fluid management services complements our existing portfolio and enhances our ability to provide end-to-end product and service support for customers' high-density computing and AI applications."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.