tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Vertiv Holdings to Acquire Purge Rite for $1 Billion

Story Highlights
  • Vertiv Holdings Co plans to acquire Purge Rite for $1.0 billion to enhance its thermal management services.
  • The acquisition aims to strengthen Vertiv’s position in high-density and AI-driven environments by expanding liquid cooling capabilities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vertiv Holdings to Acquire Purge Rite for $1 Billion

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Vertiv Holdings ( (VRT) ) has provided an update.

On November 3, 2025, Vertiv Holdings Co announced its intention to acquire Purge Rite Intermediate, LLC, a leading provider of specialized fluid management services, for approximately $1.0 billion in cash, with an additional potential of $250 million based on performance metrics. This acquisition is aimed at enhancing Vertiv’s thermal management services and strengthening its position in next-generation thermal chain services for high-density and AI-driven environments. The acquisition is expected to be margin accretive and will expand Vertiv’s capabilities in liquid cooling systems, crucial for high-performance computing and AI data centers, thereby providing significant benefits such as improved heat transfer, reduced downtime risk, and expanded service scale.

The most recent analyst rating on (VRT) stock is a Buy with a $212.00 price target. To see the full list of analyst forecasts on Vertiv Holdings stock, see the VRT Stock Forecast page.

Spark’s Take on VRT Stock

According to Spark, TipRanks’ AI Analyst, VRT is a Outperform.

Vertiv Holdings receives a strong overall score driven by its robust financial performance and positive earnings call. The company’s strategic investments and raised guidance support a positive outlook, despite valuation concerns and regional challenges in EMEA.

To see Spark’s full report on VRT stock, click here.

More about Vertiv Holdings

Vertiv Holdings Co is a global leader in critical digital infrastructure, providing hardware, software, analytics, and ongoing services to ensure continuous and optimal performance of vital applications. The company offers a comprehensive portfolio of power, cooling, and IT infrastructure solutions and services, catering to data centers, communication networks, and commercial and industrial facilities worldwide. Headquartered in Westerville, Ohio, Vertiv operates in more than 130 countries.

Average Trading Volume: 7,138,276

Technical Sentiment Signal: Buy

Current Market Cap: $73.74B

Learn more about VRT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1