On September 3, Vertiv Holdings LLC rose 3.05% in regular trading, trading at $265.14 per share, with turnover of $2.55 billion.

On the news front, Vertiv announced on September 2 that its subsidiary signed a definitive agreement to acquire energy technology company Utility Innovation Group (UIG) for approximately $1.45 billion in cash at closing, with up to $1.15 billion in additional performance-based earnout payments, bringing the total potential consideration to $2.6 billion. The acquisition is expected to be accretive to adjusted EPS in the first year after completion and is set to close in Q4, subject to regulatory approvals.

The deal expands Vertiv's power and cooling portfolio upstream into utility grid interconnection, onsite power generation, and microgrid controls, creating a coordinated architecture from grid source to chip endpoint. UIG's proprietary technology is positioned to help break through the power bottleneck currently constraining AI compute capacity, accelerating data center energization timelines. Vertiv previously reported Q2 adjusted EPS of $1.52, beating estimates, while raising full-year revenue guidance to $14 billion and adjusted EPS guidance to $6.65–$6.75, both above consensus.

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