GE Vernova agrees to buy Trench Group for USD 9 billion

• GE Vernova has agreed to acquire high-voltage grid equipment maker Trench Group from Triton Partners for USD 9 billion.
• The purchase is expected to be funded equally with cash and debt, with closing anticipated in late 2027.
• Trench expects 2028 revenue of USD 1.9 billion at an adjusted EBITDA margin of approximately 36%.
• The price represents 13 times projected adjusted EBITDA before synergies; Trench has approximately USD 5 billion in backlog and framework agreements.
• The acquisition will expand Electrification capacity and geographic reach by integrating an existing supplier of complementary grid equipment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GE Vernova Inc. published the original content used to generate this news brief on October 28, 2026, and is solely responsible for the information contained therein.