US manufacturing firm Jabil has agreed to acquire Hanley Energy Group, a provider of energy management and critical power solutions for the data center market.

The deal was an all-cash transaction valued at approximately $725 million, with an additional $58 million tied to future revenue performance.

The companies have said that they expect the deal to close in Q1 2026. Jabil claims that the acquisition will expand its portfolio of data center power management technologies, including low- and medium-voltage switchgear, PDUs, and UPS systems.

“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,” said Ed Bailey, Jabil’s SVP and chief technology officer for Intelligent Infrastructure.

Hanley is headquartered in Virginia and specializes in critical power systems, energy optimization, and grid-to-rack power management. It offers a diverse product portfolio, including its Powerlink monitoring software, UPS, switchgear, transformers, and remote power panels.

“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,” said Matt Crowley, Jabil’s EVP of Global Business Units, Intelligent Infrastructure. “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.”

Jabil has made several significant acquisitions to bolster its data center-focused portfolio. Last October, the firm acquired Mikros Technologies, a liquid-cooling firm. Mikros Technologies specializes in liquid-cooling solutions and thermal management.

Jabil’s portfolio includes data center lifecycle solutions, semiconductor test equipment solutions, and energy and transportation solutions.