Jabil to acquire Hanley Energy Group for $725M

Jabil (JBL) “announced that it has signed a definitive agreement to acquire Hanley Energy Group, a provider of energy management and critical power solutions serving the data center infrastructure market, for approximately $725 million plus contingent consideration up to $58 million, subject to achieving future revenue thresholds, in an all-cash transaction. The transaction is expected to close in the first quarter of calendar year 2026, subject to customary closing conditions and regulatory approvals. Hanley Energy Group’s first-year annualized revenue is projected to reach $350-$400 million, supported by mid-to-high-teens EBITDA margins and sustained double-digit revenue growth. This deal adds Hanley Energy Group’s extensive expertise in power systems and energy optimization to Jabil’s existing power management solutions for data centers, including low and medium voltage switch gear, PDUs, and UPS systems.”