ST. PETERSBURG: Jabil Inc. (NYSE: JBL) said on Wednesday it has entered into a definitive agreement to acquire Hanley Energy Group, a provider of energy management and critical power solutions for data centers, in an all-cash deal valued at approximately $725 million. The agreement includes up to $58 million in contingent consideration tied to future revenue thresholds.
The transaction, subject to regulatory approvals and customary closing conditions, is expected to close in the first quarter of calendar year 2026.
Hanley Energy’s first-year annualized revenue is projected to range between $350 million and $400 million, supported by mid-to-high-teens EBITDA margins and sustained double-digit growth.
The acquisition will bolster Jabil’s Intelligent Infrastructure segment by integrating Hanley’s expertise in low and medium voltage switchgear, PDUs, and UPS systems with Jabil’s existing data center power management portfolio.
“Hanley Energy Group has established itself as a global innovator in critical power and energy management,” said Ed Bailey, Jabil’s SVP and CTO of Intelligent Infrastructure. “Its turnkey solutions from grid to hyperscale data centers complement our growing capabilities in AI infrastructure.”
Matt Crowley, EVP of Global Business Units at Jabil, added, “This acquisition aligns with our strategy to expand in the data center space, giving us the ability to design, manufacture, deploy, and service custom solutions for hyperscale, co-location, and digital-native customers.”