Vertiv

Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure, today announced the successful completion of its previously reported intent to acquire Purge Rite Intermediate LLC (“PurgeRite”), a leading provider of mechanical flushing, purging and filtration services for data centers and other mission-critical facilities. The approximately $1.0 billion acquisition enhances Vertiv's thermal management services capabilities and strengthens its position as a global leader in next-generation thermal chain services for liquid cooling systems. "We are excited to officially welcome PurgeRite to Vertiv, expanding to deepen our fluid management services ...