Who Owns Avocent?

Who owns Vertiv?
Vertiv Holdings Co. is a publicly traded company listed on the NYSE under ticker VRT. The company is owned by institutional investors, mutual funds, index funds, and individual shareholders. Platinum Equity, the private equity firm that acquired the business from Emerson Electric in 2016, has substantially reduced its ownership stake since the 2020 IPO and is no longer a controlling shareholder.

Is Vertiv publicly traded?
Yes. Vertiv trades on the New York Stock Exchange under ticker VRT. The company went public in February 2020 through a SPAC merger with GS Acquisition Holdings Corp., a special purpose acquisition company sponsored by Goldman Sachs. The transaction valued Vertiv at approximately $5 billion.

What does Vertiv do?
Vertiv designs, manufactures, and services critical digital infrastructure solutions including power management systems (UPS, PDUs, switchgear), thermal management systems (precision cooling, liquid cooling), IT infrastructure management tools (KVM, out-of-band management), and services for data centers and mission-critical facilities. The company's products are essential for keeping data centers running reliably.

What is Vertiv's revenue?
In FY2025, Vertiv reported net sales of approximately $9.7 billion, up 20 percent year-over-year. Adjusted operating profit was approximately $1.7 billion, with adjusted operating margin of approximately 17.5 percent. The company guided to FY2026 net sales growth of approximately 15 percent.

Why is Vertiv benefiting from AI?
AI workloads require significantly more power and cooling per server rack than traditional computing. AI servers from NVIDIA and other vendors can consume 30 to 100 kilowatts per rack, compared to 5 to 10 kilowatts for traditional servers. This drives demand for Vertiv's high-density power management and liquid cooling solutions. The company's CoolTera acquisition enhanced its liquid cooling capabilities for AI workloads.

When was Vertiv founded?
Vertiv traces its roots to 1965 when Eugene Liebert founded Liebert Corporation in Columbus, Ohio. The business was acquired by Emerson Electric in 2000, sold to Platinum Equity in 2016 and rebranded as Vertiv, and went public through a SPAC merger in February 2020.

Who is Vertiv's CEO?
Giordano Albertazzi serves as CEO, having been appointed in 2023. He succeeded Rob Johnson. Albertazzi previously served as Vertiv's President of the Americas. Under his leadership, Vertiv has focused on expanding manufacturing capacity, investing in liquid cooling technology, and growing its services business.

What brands does Vertiv own?
Vertiv owns eight major brands: Liebert (power and thermal management), Avocent (IT management and KVM), Geist (rack PDUs and monitoring), Energy Labs (industrial thermal solutions), NetSure (DC power for telecom), Alber (battery monitoring), E+I Engineering Group (electrical switchgear), and PowerBar (busbar trunking).