Buchanan Closes $1 Billion Deal for Client Vertiv

PITTSBURGH (December 2025) - Buchanan Ingersoll & Rooney served as lead transactional counsel to Vertiv Holdings Co (NYSE: VRT), a global leader in critical digital infrastructure, in the approximately $1 billion acquisition of Purge Rite Intermediate LLC., a leading provider of mechanical flushing, purging and filtration services for data centers and other mission-critical facilities.

The acquisition enhances Vertiv's thermal management services capabilities and strengthens its position as a global leader in next-generation thermal chain services for liquid cooling systems.

High-performance computing (HPC) and the AI factories require liquid cooling technology to operate, and it is crucial to deploy and maintain clean fluid loops to maximize cooling performance. Achieving this starts with optimal flow at commissioning by establishing ultra-clean, air-free, chemically stable coolant, and preserving that balance to maintain performance throughout the system’s lifecycle.

The integration of PurgeRite's capabilities with Vertiv's existing thermal management portfolio is expected to offer significant customer benefits, including enhanced system performance through improved heat transfer and equipment efficiency, reduced risk of downtime through operational excellence, and expanded service scale supporting global operations with consistent quality.

Perry Patterson and Brian Novosel led the Buchanan transaction team, which also included corporate attorneys Jennifer Minter, Harry Valetk, Matt Short,Jennifer Jimenez, Kellen Carleton, Jillian Cash and Megan Smith-Beaty. Specialists on the team included Carrie Amezcua, Philip Weis, Philip Hirschfeld, Nicholas Bell, Jaime Tuite, Marc Tepper, Robert Burns, John McGrady, and Duane Stewart. 

More information about the deal is available here.