Vertiv (NYSE: VRT), a global provider of critical digital infrastructure, today announced it has entered into an agreement to acquire the Great Lakes Data Racks & Cabinets family of companies (collectively “Great Lakes”) for $200 million. Great Lakes is recognised for designing and manufacturing innovative, highly customised data rack enclosures and other integrated infrastructure offerings that form the foundation of today’s data centres. The purchase price represents approximately 11.5x expected 2026 earnings before interest, taxes, depreciation and amortisation (EBITDA), including cost synergies and cross-selling opportunities. The acquisition is expected to enhance Vertiv's capacity to deliver pre-engineered, future AI-ready rack solutions optimised for enterprise, edge, colocation and hyperscale AI computing markets.

Established in 1985 and headquartered in Edinboro, Pennsylvania, US, Great Lakes operates manufacturing and assembly facilities in the US and Europe. Its portfolio includes standard and custom racks, integrated cabinets, seismic cabinets and enhanced cable management access options for both retrofit and greenfield applications. This addition strengthens Vertiv's end-to-end critical digital infrastructure offerings, enhancing Vertiv’s ability to provide the industry’s most complete set of products and services for critical digital infrastructure needs.