COLUMBUS – October 31, 2026 -- Vertiv Holdings Co. (NYSE: VRT) has completed its acquisition of Utility Innovation Holdings, Inc., which operates as UtilityInnovation Group (UIG), for about $1.45 billion in upfront cash. The deal also carries up to $1.15 billion in contingent cash consideration, tied to EBITDA targets over 12- and 24-month periods.