Add-on acquisition Jan 2018 Verified
Platinum Equity names Energy Labs first add-on under Vertiv banner
Platinum Equity, the parent company of Vertiv, framed the Energy Labs deal as the first acquisition under the Vertiv banner and an additive move to accelerate growth, signaling a PE-backed platform build-out 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 Platinum Equity · Sponsor Vertiv · Platform
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