Vertiv Holdings Co has announced an agreement to acquire Purge Rite Intermediate, LLC (PurgeRite), a US provider of fluid management services for data centers and mission-critical facilities, for approximately $1.0 billion in cash. The deal also includes a potential earn-out of up to $250 million based on PurgeRite’s 2026 performance.
PurgeRite specializes in mechanical flushing, purging, and filtration services, supporting liquid cooling systems across high-density and AI-driven data centers. Vertiv stated the acquisition is expected to enhance its thermal management services and expand its capabilities in next-generation thermal chain services.
The transaction value represents roughly 10.0 times expected 2026 EBITDA, including anticipated cost synergies. Vertiv expects the acquisition to be margin accretive to its Services business, which operates at above-average corporate margins. If the earn-out is paid, the EBITDA multiple is projected to be lower than 10.0x.
Vertiv emphasized the importance of clean, stable fluid loops to maintain cooling performance in AI and high-performance computing environments. PurgeRite’s offerings include high-velocity loop flushing, air and gas purging, and clean fluid filling. The company serves hyperscalers and Tier 1 colocation providers with proprietary technologies and engineering expertise.
“This acquisition represents a strategic expansion of Vertiv’s fluid management capabilities, from design through maintenance,” said Gio Albertazzi, CEO at Vertiv. “PurgeRite’s specialized services and engineering excellence are expected to complement our existing portfolio and strengthen our ability to support high-density computing and AI applications where efficient thermal management is critical to performance and reliability.”
PurgeRite, headquartered in Houston, Texas, plans to expand its service center network across North America. The deal is expected to close in the fourth quarter of 2025, subject to regulatory approvals under the Hart-Scott-Rodino Antitrust Improvements Act.
