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Consolidation trend Jan 2018 Verified

Platinum Equity frames Energy Labs as first deal in Vertiv buy-and-build

A Platinum Equity partner characterized Energy Labs as the first acquisition under the Vertiv banner and an additive move meant to accelerate the PE-backed company's growth, signaling a buy-and-build strategy.

““This is the first acquisition under the Vertiv banner, and it is exactly the kind of additive move we feel can accelerate the company’s growth,” said Jacob Kotzubei, partner at Platinum Equity, which is the parent company for Vertiv.”

Entities

Energy Labs · Target Jacob Kotzubei · Mentioned Platinum Equity · Sponsor Vertiv · Platform
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Source: www.achrnews.com

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