Vertiv Group Corp.
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Vertiv Group Corp. - overview
Established
2016
Location
Westerville, OH, US
Primary Industry
IT Infrastructure
About
Based in the US, Vertiv Group Corp. operates in critical digital infrastructure, delivering robust solutions that enhance IT applications and operational efficiency for various sectors globally. Founded in 2016, Vertiv Group Corp. is dedicated to providing critical digital infrastructure solutions.
Headquartered in Westerville, Ohio, US, the company has undergone significant growth. In August 2025, Vertiv Group Corp. , a portfolio company of Wellington Management and Westfield Capital Management, acquired Waylay NV. Financial terms of the transaction were not disclosed.
Vertiv is a global leader in critical digital infrastructure, primarily offering a range of products and services designed to support IT applications and enhance operational efficiency. The company's core offerings include uninterruptible power supplies (UPS), energy storage systems, power distribution solutions, and thermal management systems, all aimed at ensuring the reliability and efficiency of data centers and IT environments. These products are engineered to provide essential power, cooling, and management capabilities necessary for modern digital infrastructure, thereby addressing challenges such as energy resilience, operational continuity, and equipment protection. Vertiv's clientele spans various industries, including healthcare, telecommunications, government, education, and retail, with products available in markets such as North America, EMEA, and Asia-Pacific.
In 2024, Vertiv reported a revenue of USD 8,011. 80 mn, with an EBITDA of USD 1,651. 40 mn. The revenue structure for Vertiv is primarily driven by B2B transactions involving the sale of critical power and cooling solutions to enterprise clients, data centers, and IT service providers.
Customers typically engage with Vertiv through direct sales or partnerships with authorized resellers, enabling tailored procurement of products based on specific operational needs. The firm’s offerings include flagship products like the Liebert® UPS systems and Vertiv™ cooling solutions, which are designed not only for reliability but also for scalability to meet the evolving demands of its client base. Pricing structures are determined based on the configurations and specifications required for each customer's unique setup, which can include one-time purchases or long-term service agreements for ongoing support and maintenance. In August 2025, Vertiv Group Corp.
, a portfolio company of Wellington Management and Westfield Capital Management, acquired Waylay NV. Financial terms of the transaction were not disclosed. The acquisition will enable Vertiv Group Corp. strengthen its AI-driven monitoring, automation, and analytics capabilities for critical infrastructure and enable customers around the world to increase uptime, optimize energy usage, and enhance operational intelligence across their critical digital infrastructure.
Current Investors
Wellington Management, Jennison Associates, Westfield Capital Management
Primary Industry
IT Infrastructure
Sub Industries
Electronics, Hardware, IT Infrastructure, Software
Website
www.vertiv.com/
Verticals
Artificial Intelligence, Big Data, Cloud Computing, Cloud Computing, E-commerce, IoT (Internet of Things)
Company Stage
Mature
Total Amount Raised
Subscriber access only
Vertiv Group Corp. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Announced | Thermokey S.p.A. | - | ||||||||
| Add-on, Trade Sale | Announced | Purge Rite, LLC | - | ||||||||
| Add-on | Completed | Waylay NV | - | ||||||||
| Add-on | Completed | Great Lakes Case & Cabinet Co., Inc. | - | ||||||||
| PIPE | Completed | Vertiv Group Corp. | - |
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