Advent International Acquires Majority Stake in LayerZero Power Systems

Advent International has signed a definitive agreement to acquire a majority shareholding in LayerZero Power Systems, a U.S. manufacturer of static transfer switches, PDUs, and other mission-critical power infrastructure for data centers. The founders will remain minority equity holders, Annette Clayton will serve as Chair, and Advent plans to scale manufacturing capacity, expand the customer base, and grow service capabilities; the transaction is expected to close in Q3 2025.