VERTIV ACQUIRES MEMS’ MAINTENANCE BUSINESS

PRESS RELEASE: Columbus, Ohio, United States – Vertiv has announced that it has completed the purchase of the maintenance business of MEMS Power Generation (MEMS).

“The addition of the MEMS maintenance business is a natural fit for our existing UK business and we welcome more than 160 contract MEMS customers that we now have the opportunity to serve,” said Rob Johnson, Vertiv chief executive officer.

“By strengthening our capability in generator maintenance and expanding our service offerings in critical infrastructure in EMEA, we’re well positioned to offer customers an unmatched suite of services.”

“Since partnering with Vertiv in 2016, we continue to be impressed by the company’s vision and ability to execute strategic deals that serve to expand the business in key growth areas,” said Platinum Equity Partner Jacob Kotzubei. “The Vertiv management team continues to make smart investments to grow its global business and position the company for continued success.”

The 160 MEMS contract customers in the UK range from data centres to hospitals and universities to industrial companies and utilities. Vertiv will service the newly acquired MEMS customers with the Vertiv UK service team.

MEMS is a privately-owned company headquartered in the United Kingdom that specializes in temporary power solutions. This marks the third acquisition for Vertiv and is consistent with the company’s growth strategy. MEMS will now focus entirely on its generator rentals solutions business. 

Vertiv and MEMS Power Generation closed the sale on 30 November 2018. 

MEMS transferred all its service and maintenance contracts to Vertiv at that time.

About Vertiv:

Vertiv brings together hardware, software, analytics and ongoing services to ensure its customers’ vital applications run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today’s data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Columbus, Ohio, USA, Vertiv employs around 20,000 people and does business in more than 130 countries.

For more information, and for the latest news and content from Vertiv, please visit VertivCo.com or contact Hannah Sharland, Marketing Executive, Northern Europe on Hannah.Sharland@VertivCo.com.

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