Deal closed Jan 2018 · San Diego Verified
Vertiv (Platinum Equity portfolio) acquires Energy Labs
Vertiv, formerly Emerson Network Power, acquired Energy Labs, a U.S.-based custom air handling systems manufacturer. Platinum Equity is named as the parent/sponsor of Vertiv, making this a PE-backed add-on. Terms were undisclosed.
“Vertiv, formerly Emerson Network Power, has acquired Energy Labs, a privately owned, U.S.-based manufacturer of custom air handling systems. Energy Labs portfolio includes direct evaporative, indirect evaporative, and direct expansion cooling technologies. Terms of the deal were not disclosed.”
Entities
Energy Labs · Target Platinum Equity · Sponsor Vertiv · Acquirer
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