Vertiv, a global provider of critical digital infrastructure, has agreed to acquire the Great Lakes Data Racks & Cabinets family of companies for $200 million. Known for its innovative and customized data rack enclosures, Great Lakes plays a vital role in modern data centers.
The acquisition price represents approximately 11.5 times the expected 2026 EBITDA, considering potential cost synergies. This will enhance Vertiv’s ability to offer pre-engineered, AI-ready rack solutions for various computing markets.
Founded in 1985 and based in Edinboro, Pennsylvania, Great Lakes has manufacturing facilities in the U.S. and Europe, offering standard and custom racks, integrated cabinets, and advanced cable management options. By combining expertise, Vertiv aims to improve deployment speed, operational efficiency, and scalability for AI and edge computing applications.
KEY QUOTES:
“Great Lakes is a leading rack manufacturer with an extensive portfolio of high-end rack solutions and innovation capabilities that are essential in an increasingly demanding high-density AI infrastructure environment. With the acquisition of Great Lakes, Vertiv strengthens its position as a premier technology solutions provider in the critical white space market. Our combined capabilities enable us to deliver comprehensive, engineered infrastructure solutions that go beyond basic integration, addressing the complex challenges of next-generation AI technology.”
Gio Albertazzi, CEO at Vertiv
