Vertiv said in a press release dated July 17, 2025 that it entered into a definitive agreement to acquire the Great Lakes Data Racks & Cabinets family of companies for $200 million.

8-KRegulation FD DisclosureFiled Jul 17, 2025Period of report Jul 17, 2025Summary published (UTC) Oct 13, 2026

Key points

AI summary

Vertiv said in a press release dated July 17, 2025 that it entered into a definitive agreement to acquire the Great Lakes Data Racks & Cabinets family of companies for $200 million.
The company said the purchase price is about 11.5x expected 2026 EBITDA, including cost synergies and cross-selling opportunities.
The company said Great Lakes was established in 1985 and designs and manufactures customized data rack enclosures and other products, and it expects the acquisition to strengthen its capacity to supply AI-ready rack solutions.
The company said the acquisition is subject to customary closing conditions, including regulatory approvals under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, and that it expects the deal to close in Q3 2025.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Vertiv to Acquire Great Lakes for $200 million

Vertiv said in a press release dated July 17, 2025 that it entered into a definitive agreement to acquire the Great Lakes Data Racks & Cabinets family of companies for $200 million.

Source · Based on the filing body and exhibits

Purchase Price About 11.5x Expected 2026 EBITDA

The company said the purchase price is about 11.5x expected 2026 EBITDA, including cost synergies and cross-selling opportunities.

Source · Based on the filing body and exhibits

Great Lakes Business and Rationale for the Acquisition

The company said Great Lakes was established in 1985 and designs and manufactures customized data rack enclosures and other products, and it expects the acquisition to strengthen its capacity to supply AI-ready rack solutions.

Source · Based on the filing body and exhibits

Closing Conditions and Expected Timing

The company said the acquisition is subject to customary closing conditions, including regulatory approvals under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, and that it expects the deal to close in Q3 2025.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

Unauthorized scraping, data storage and database creation prohibited

Without prior written consent, you must not crawl or scrape data compiled and organized by Chickstock or its analysis and summaries, or collect them repeatedly or in bulk for storage, ingestion or database creation. Repurposing, redistribution, sale and use to build other services are also prohibited.

Unauthorized use may result in access restrictions, demands to stop infringement and delete copies, and claims for damages. Violations of applicable law may also give rise to criminal liability.

Uses permitted by law, the Terms of Service or a separate agreement remain subject to their respective scope. Rights in individual source materials, including original filings, remain with their respective rights holders.