Vertiv Holdings Co. (VRT) Announces Commencement of 18M Secondary Offering

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Vertiv Holdings Co Announces Commencement of Secondary Offering

November 12, 2020 4:55 PM EST

COLUMBUS, Ohio--(BUSINESS WIRE)-- Vertiv Holdings Co (Vertiv) (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the commencement of an underwritten secondary public offering of up to 18 million shares of Vertivs Class A common stock by VPE Holdings, LLC (Platinum), the selling stockholder and an affiliate of certain private equity investment funds advised by Platinum Equity Advisors, LLC (the Selling Stockholder), pursuant to a registration statement filed with the Securities and Exchange Commission (SEC).

Following the completion of the transactions, the Selling Stockholder will remain Vertivs largest... More