Vertiv to Acquire Great Lakes Data Racks & Cabinets, Expanding Data Center Infrastructure Solutions
Vertiv, a leading global provider of critical digital infrastructure and solutions, has announced its agreement to acquire the Great Lakes Data Racks & Cabinets family of companies for $200 million. This strategic move is designed to strengthen Vertiv’s position in the data center market, specifically by bolstering its ability to deliver highly customized and innovative infrastructure solutions, crucial for the evolving landscape of enterprise, edge, colocation, and hyperscale data centers, including those that support artificial intelligence (AI) applications. This acquisition has the potential to impact data center development in Africa, where demand for robust and tailored infrastructure solutions is growing.
Expanding Data Rack Capabilities and Future-Proofing Data Centers
Great Lakes Data Racks & Cabinets is renowned for designing and manufacturing cutting-edge, highly customized data rack enclosures and other integrated infrastructure offerings. Vertiv’s acquisition is expected to enhance its capacity to deliver pre-engineered, AI-ready rack solutions. The purchase price reflects approximately 11.5 times the expected 2026 earnings before interest, taxes, depreciation, and amortization (EBITDA), factoring in potential cost synergies and cross-selling opportunities. This acquisition strategy underscores Vertiv’s commitment to providing comprehensive solutions for today’s complex data center requirements. As Africa embraces digital transformation and the need for advanced data processing increases, this development is poised to provide additional support for the continent’s growing tech sector and the data center infrastructure needs that come with it.
In conclusion, the acquisition of Great Lakes represents a significant move for Vertiv, promising to bolster its offering of tailored data center solutions that are vital for the future of data center operations globally and particularly in regions where digital infrastructure is expanding.
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