GS Acquisition Holdings to Combine with Vertiv; Vertiv to List on NYSE

December 10, 2019

Vertiv, a Platinum Equity portfolio company and global provider of critical digital infrastructure, will become a publicly traded company through a business combination with GS Acquisition Holdings Corp (a SPAC). The transaction is sponsored by affiliates of The Goldman Sachs Group and David M. Cote, values Vertiv at an anticipated pro forma enterprise value of about $5.3 billion, and leaves Platinum Equity as a significant post-close shareholder.

Buyers
GS Acquisition Holdings Corp, Affiliates of The Goldman Sachs Group, Inc., David M. Cote
Targets
Vertiv Holdings LLC
Sellers
Platinum Equity, Vertiv stockholders
Industry
Infrastructure
Location
Ohio, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.