Welcome to our dedicated page for Vertiv Holdings Co news (Ticker: VRT), a resource for investors and traders seeking the latest updates and insights on Vertiv Holdings Co stock.
News and disclosures about Vertiv Holdings Co (NYSE: VRT) focus on its role in critical digital infrastructure for data centers, communication networks, and commercial and industrial facilities. Company press releases highlight developments in power, cooling and IT infrastructure solutions and services that support high‑density computing, AI data centers and high‑performance computing (HPC) environments.
Recent news has covered Vertiv’s introduction of the Vertiv MegaMod HDX, a prefabricated power and liquid cooling infrastructure solution engineered for AI and HPC deployments. Announcements describe how this hybrid cooling architecture integrates direct‑to‑chip liquid cooling with air‑cooled systems to address the thermal demands of AI workloads and advanced GPU clusters, while offering modular designs intended to accelerate data center deployment.
Vertiv’s news flow also includes strategic moves such as the completed acquisition of PurgeRite, a provider of mechanical flushing, purging and filtration services for data centers and other mission‑critical facilities. This transaction is presented as enhancing Vertiv’s thermal management services and strengthening its position in next‑generation liquid cooling services for high‑density and AI‑driven environments.
Other company communications discuss macro trends shaping data center design, including extreme densification, gigawatt‑scale buildouts, higher‑voltage DC power architectures, digital‑twin‑driven design, and adaptive liquid cooling. Vertiv has reported collaborations and reference architectures for AI factories, as well as agreements with partners such as Caterpillar and Solar Turbines to integrate power generation and cooling portfolios into pre‑designed energy solutions for AI data centers.
Investors and observers following VRT news can expect updates on product launches, AI and liquid cooling initiatives, acquisitions, dividend declarations, credit agreement amendments, and quarterly financial results, all framed around Vertiv’s stated mission of supporting vital digital infrastructure from the cloud to the edge.
Vertiv Holdings Co (NYSE: VRT) reported a strong fourth quarter 2021, with net sales of $1.411 billion, reflecting an 8% increase year-over-year. Orders surged 51% to a record backlog of $3.2 billion. However, the company faced challenges, noting a net operating loss of $4 million, primarily due to inflation and supply chain disruptions. Full-year guidance for 2022 anticipates net sales of $5.7 billion and adjusted diluted EPS of $0.70. Vertiv emphasizes improved profitability in the second half of 2022 driven by aggressive pricing actions, despite a challenging first half.
Vertiv Holdings Co (NYSE: VRT) will announce its Q4 and full year 2021 results on February 23, 2022, before the market opens. A conference call to discuss these results will take place on the same day at 11 a.m. ET. Interested investors can access a webcast of the call through the Investor Relations section of Vertiv’s website, with a replay available for 30 days post-event. Vertiv, based in Columbus, Ohio, offers critical digital infrastructure solutions globally, employing around 21,000 people.
Vertiv Holdings Co (NYSE: VRT) has amended its Tax Receivable Agreement (TRA) with VPE Holdings, LLC, allowing for the payment of $100 million to extinguish outstanding obligations. The payments are split into two installments due by June 15 and September 15, 2022. This amendment is expected to result in a positive pre-tax earnings impact of approximately $60 million in Q4 2021, although it won't affect adjusted earnings per share. Vertiv's CFO noted that this move enhances cash flow and eliminates long-term liability uncertainty.
Vertiv (NYSE: VRT) has declared its annual cash dividend of $0.01 per share for Class A common stock. This dividend will be payable on December 16, 2021, to shareholders of record as of December 1, 2021. Vertiv is a global provider of critical digital infrastructure and continuity solutions, operating in over 130 countries with approximately 21,000 employees. The company specializes in power, cooling, and IT infrastructure solutions to support data centers and communication networks, ensuring optimal performance and reliability.
Vertiv Holdings Co (NYSE: VRT) announced a secondary offering of 20 million shares of its Class A common stock, priced as part of a registration statement with the SEC. The offering is led by VPE Holdings, LLC, an affiliate of Platinum Equity, LLC. An additional 3 million shares may be purchased by underwriters within 30 days. The offering's closing is expected around November 4, 2021. Post-offering, Platinum will remain Vertiv's largest shareholder with approximately 9.8% ownership. Notably, Vertiv will not sell any shares or receive proceeds from this offering.
Vertiv Holdings Co (NYSE: VRT) has announced a secondary offering of up to 20 million shares of its Class A common stock by VPE Holdings, LLC, an affiliate of Platinum Equity, LLC. The offering is expected to close around November 4, 2021, subject to customary conditions. Post-offering, Platinum will maintain a 9.8% stake in Vertiv with 36,880,215 shares. Vertiv will not sell any shares or receive proceeds from this offering, which is managed by J.P. Morgan, Goldman Sachs, and Citigroup.
Vertiv Holdings Co (NYSE: VRT) has successfully completed its acquisition of E&I Engineering Ireland Limited and its affiliate, Powerbar Gulf LLC. This strategic acquisition strengthens Vertiv’s portfolio of in-building power train offerings, targeting data centers and key commercial markets. Vertiv’s CEO highlighted the talent and capabilities of the E&I team, emphasizing the potential for value creation for customers and shareholders. The acquisition is expected to enhance Vertiv’s global reach and service capabilities in the critical digital infrastructure sector.
Vertiv Holdings Co (NYSE: VRT) reported strong Q3 2021 results, with net sales of $1,229 million, up 5.8% year-over-year. The company achieved a record backlog of $2.4 billion, a 34% increase from 2020. Adjusted operating profit reached $131 million, with a margin of 10.7%. Diluted EPS rose to $0.15, up from $0.47. Operating cash flow year-to-date was $175 million, reflecting a $160 million increase. The E+I acquisition is expected to close by November 1, 2021, while the divestiture of the heavy industrial UPS business is anticipated by Q4 2021. Despite supply chain challenges, demand remains robust.
Vertiv Holdings Co (NYSE: VRT) announced the successful completion of an offering of $850 million in 4.125% Senior Secured Notes due 2028. The proceeds will fund the cash portion of its pending acquisition of E&I Engineering Ireland Limited and its affiliate Powerbar Gulf LLC, along with related fees and expenses. The Notes will not be registered under the Securities Act, limiting their sale within the United States. This move aims to enhance Vertiv's capabilities in the critical digital infrastructure sector.
Vertiv Holdings Co (NYSE: VRT) has priced an offering of $850 million in Senior Secured Notes due 2028 at a 4.125% interest rate. The net proceeds will finance the acquisition of E&I Engineering Ireland Limited and Powerbar Gulf LLC and cover related fees. The offering is expected to close on October 22, 2021. The Notes will not be registered under the Securities Act and will be sold to qualified institutional buyers and certain offshore investors.
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