Vertiv acquires Great Lakes Data Racks & Cabinets for $200M

Vertiv has announced its agreement to acquire Great Lakes Data Racks & Cabinets for $200 million. This acquisition is intended to improve Vertiv's offerings in high-density integrated infrastructure.

The deal is valued at approximately 11.5 times the expected earnings before interest, taxes, depreciation, and amortization (EBITDA) for 2026, with anticipated cost synergies. Vertiv aims to enhance its provision of pre-engineered, AI-ready rack solutions tailored for diverse computing environments.

Company Background

Founded in 1985 and headquartered in Edinboro, Pennsylvania, Great Lakes manufactures various rack and cabinet solutions for both retrofit and new construction projects. The CEO of Vertiv, Gio Albertazzi, highlighted the strategic significance of Great Lakes’ offerings, noting that “Great Lakes is a leading rack manufacturer with an extensive portfolio of high-end rack solutions.”

Integration and Expectations

The integration of Great Lakes is expected to streamline the sourcing of infrastructure and facilitate quicker deployment of solutions. The transaction remains subject to regulatory approvals and is projected to finalize in the third quarter of 2025.

This summary reflects a timely, fact-based overview of Vertiv's acquisition of Great Lakes, outlining key aspects relevant to IT decision-makers.