Mergers & Acquisitions

PurgeRite Acquired by Vertiv Holdings Co.

6779 PurgeRite NT

M&A Engagement Overview

Industry Groups: Business Services, Industrials
Areas of Focus: Commercial and Industrial Services, Data Center Services, Industrial Technology

Harris Williams advised PurgeRite, a portfolio company of Milton Street Capital, on their sale to Vertiv Holdings Co. PurgeRite is a leading provider of mechanical flushing, purging, and filtration services for liquid cooling systems, serving mission-critical infrastructure across data center, semiconductor, and commercial and industrial end markets. The company enables these facilities to enhance the performance, efficiency, lifespan, and reliability of their hydronic systems.

The rapid adoption of AI is fueling an unprecedented infrastructure build. Investors are pursuing differentiated products and services that support this activity, especially power and cooling architecture that drive efficiency, performance, and speed.

PurgeRite's engineering expertise, proprietary technologies, and best-in-class service uniquely positions the company to meet challenging data center schedules and enables complex liquid cooling applications, supporting entrenched partnerships with blue-chip providers of hyperscale and colocation data center infrastructure.

PurgeRite’s specialized services and engineering excellence complements Vertiv’s existing portfolio and strengthens their ability to support high-density computing and AI applications, where efficient thermal management is critical to performance and reliability. The combination of the two companies further strengthens Vertiv’s fluid management capabilities while accelerating PurgeRite’s next phase of growth.

Contact the Harris Williams Business Services Group or Industrials Group to learn more about this client engagement.

Harris Williams is a global investment bank specializing in M&A and private capital advisory services. Clients worldwide rely on us to help unlock value in their business and turn ambitious goals into reality. We approach every engagement with boundless collaboration, pooling expertise and relationships across industries and geographies. For over 30 years, our clients have trusted us to think strategically, execute precisely, and deliver superior outcomes to help them grow.


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