Jabil Announces Definitive Agreement to Acquire Hanley Energy Group

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Jabil Inc. 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.

“Hanley Energy Group has established itself as a global innovator in critical power and energy management, with exceptional engineering talent across Ireland and North America,” said Ed Bailey, Jabil SVP and Chief Technology Officer, Intelligent Infrastructure. “Its expertise in designing, building, and commissioning turnkey mission-critical power solutions from the grid all the way to the hyperscale data center complements Jabil’s growing capabilities in AI data center infrastructure. With Hanley’s deep technical know-how and comprehensive lifecycle services, including design, consulting, deployment, commissioning, and field support services, we will be even better positioned to deliver secure, reliable, and energy-efficient power solutions to our global customers.”

“This acquisition fits perfectly with Jabil’s strategy to grow in the data center space, where we’re focused on creating capabilities to deliver custom solutions for hyperscale, co-location, and digital native customers. It now gives us the uniquely differentiated capability to not only design and manufacture these solutions, but also to deploy and service them in the data center,” said Matt Crowley, Jabil’s Executive Vice President, Global Business Units, Intelligent Infrastructure.