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The Finance Base
ASCO

Schneider Bought Vertiv’s ASCO Transfer-Switch Business for $1.25 Billion

Vertiv announced a $1.25 billion sale of ASCO Power Technologies to Schneider Electric in July 2017; the transaction closed that October.

By TheFinanceBase Team 2 min read
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Yes. Vertiv announced on July 27, 2017, that it would sell ASCO Power Technologies, its automatic-transfer-switch business, to Schneider Electric for $1.25 billion. The transaction closed on October 31, 2017. It was a sale of ASCO—not of Vertiv as a whole.

What Schneider acquired

The asset was ASCO Power Technologies, a business specializing in automatic transfer switches (ATS), equipment used to switch an electrical load between power sources. In settings that depend on continuous power, an ATS can transfer a load from a primary source to a backup source when the primary supply is interrupted. Vertiv described ASCO as a leader in the ATS market in its sale announcement.

The deal concerned ASCO and its transfer-switch business, not all Vertiv products, services or operations. Schneider’s acquisition gave it ownership of the ASCO product line and its related commercial market position, according to the announcement and Vertiv’s later SEC-filed prospectus.

Price and transaction dates

Milestone Details
Announced July 27, 2017, by Vertiv.
Announced consideration $1.25 billion, as stated by Vertiv in its 2017 announcement.
Closed October 31, 2017.
Net proceeds reported later $1,250.0 million, as Vertiv Holdings Co. described the 2017 disposition in its 2020 SEC-filed prospectus.

The $1.25 billion announcement figure and the later $1,250.0 million net-proceeds figure are two descriptions of the transaction in different Vertiv disclosures. The prospectus identifies the buyer entity as Schneider Electric USA, Inc. and reports the disposition’s net proceeds; it does not turn the announcement figure into a separate additional payment.

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#1 Best Overall
AC120V 15Amp Automatic Transfer Switch, ATS Auto Transfer Switch (NEMA 5-15P/R)
  • HCDC HD060 Automatic transfer switch, an easy to mount 15Amp inline transfer relay provides switching between AC INPUT 2 (Utility or Shore Power) and AC INPUT 1 (Inverter or Generator) AC source. When AC INPUT 2 is powered, the load power will be switched to AC INPUT 2. When AC INPUT 2 is powered off, the load power will be switched to AC INPUT 1.
  • Operating voltage AC 90 to 135V 50/60Hz. Maximum current 15 Amp. Transfer time less than 30mS (0.03 second). For most smart devices or computers, the switching action of 30mS time will not affect their normal operation.
  • Internal four high power SPST relays switch design, effectively avoid the problem of DPDT relay high inductive load arcing. Live and Neutral wire are switched at the same time. The Ground wires of the two inputs and output are connected together internally and will not follow the switch on and off.
  • IP68 Waterproof high level enclosure, suitable for indoor or outdoor use. Flame retardant rating V1. Case material: PC (Polycarbonate). Seal material: Silicone rubber. External screw: 304 stainless steel.
  • AC INPUT 1 cable: Length 19 inch (0.5 meter), US standard NEMA 5-15P 3 prong plug. AC INPUT 2 and AC OUTPUT cables: Length 19 inch (0.5 meter), 14AWG (2.08 square millimeter) x 3 cores.

Why Vertiv sold ASCO

Vertiv said the sale would let it direct more resources toward its core data-center, telecommunications, and commercial and industrial markets. The company characterized ASCO’s ATS strengths as outside its increasingly focused digital-critical-infrastructure strategy. In the announcement, Vertiv CEO Rob Johnson called the sale “a significant step forward in our evolution as the premier provider of digital critical infrastructure solutions.”

What the deal means for customers

The transaction transferred the ASCO business to Schneider, but the available transaction disclosures do not establish current ASCO branding, product availability, service arrangements, replacement-parts support or organizational structure after closing. Customers evaluating a particular switch or service should confirm present specifications, support and sales channels directly with the relevant provider rather than infer current terms from the 2017 acquisition.

Best Value
100Amp AC110V Automatic/Manual Transfer Switch 2P 50/60Hz, 2POLE 100A Mini ATS Solar Auto Dual Power Switch for Home Generator, Din Rail Mounted Cn Automatic Changeover Fast Transfe for Rv, Lv Power
  • Functions and Features: 100a 2p dual power auto transfer switch W2R is a PC-level infrequent switching switch, mainly used for automatic or manual conversion of two power supplies, and can test whether the common power supply or backup power supply is normal. When the common power supply A is abnormal, the backup power supply B is quickly switched and put into use within 0.05 seconds to ensure the continuity, reliability and safety of power supply. When the common power supply returns to normal, it automatically switches from the backup power supply to the common power supply. Both power supply A and power supply B can be connected to the mains/generator/photovoltaic, with four wiring.
  • Automatic Mode: ac 110v automatic transfer switch use the automatic mode, the left switch must be in the Auto, and the red handle on the right should point to Source A. When the normal power source A is working normally, A (red light) is always on; when the normal power source A is abnormal, A (green light) goes out and switches to the automatic power source B within 0.05 seconds, and B (green light) is on. When the normal power source A returns to normal, it will automatically switch from the backup power source B to the normal power source A.
  • Manual Mode: guetneu automatic transfer switch use manual mode to make sure the left switch is in Manual. If you choose power source A, operate the red switch handle on the right to point to Sonrce A, and LED indicator A (red light) will be on. If you choose power source B, manually operate the red switch handle on the right to point the switch to Source B, and LED indicator B (red light) will be on.
  • 110V Over-Voltage and Under-Voltage Protection: automatic transfer switch 110v designed for home track installation, dedicated to PZ30 distribution box. This series of automatic transfer switches is suitable for 50/60Hz dual power grid. The working current is 100A. 110V/50Hz Undervoltage value: 85V, Recovery value: 95V; Overvoltage value: 145V, Recovery value: 130V (± 5V). Please select the 2p 100a transfer switch dual power automatic changeover switch 110v with the corresponding specifications according to the actual working voltage you need
  • Wide Application: This 2P dual power ATS ensures a stable power supply, it is used in situations where power outages cannot be sustained,which is very suitable for high-demand equipment; used in hospitals, low-temperature cold storage, data centers and emergency systems, it can automatically and quickly switch to the backup power supply during the power outage of the main power supply to ensure safe and reliable power supply. Suitable for indoor and outdoor generators
Rank #4
EIIDAR ATS 20 Amp Automatic Transfer Switch,AC120V Home Generator Equipment
  • Efficient switching and stable power supply: AC120V 20Amp intelligent conversion switch, precise switching between dual power sources. Stable working voltage, rapid conversion, less than 30ms, ensuring equipment operation. Using high-quality relays to avoid arcing. IP65 protection, suitable for both indoor and outdoor use. Flame retardant material, safe and reliable. Compatible with standard cables, easy to install, providing continuous and safe power support for various electrical appliances
  • Easy installation and working principle: When AC Utility or Shore Power is powered, the load power will be switched to Utility or Shore Power. When AC Utility or Shore Power is powered off, the load power will be switched to Generator or Inverter
  • Effective protection: AC120V 20Amp ATS has an intelligent detection system that can quickly determine the power status and switch. At critical moments, it can achieve seamless switching effects, avoiding damage to equipment caused by power failures and ensuring stable satisfaction of production and daily electricity demand
  • Application scenario: AC120V 20Amp ATS can ensure continuous power supply for many basic power facilities, effectively avoiding panic and losses caused by power outages
  • User Benefits: After users choose the AC120V 20Amp ATS, it can significantly improve the stability of power supply, reducing losses such as production stoppages and data loss caused by power outages. For household users, it can ensure the normal use of electrical appliances and avoid problems such as food spoilage in refrigerators
Rank #3
AC120V 15Amp Automatic Transfer Switch, Generator ATS Auto Transfer Switch (NEMA 5-15P/R)
  • 【CONVERSION FUNCTION】: The automatic transfer switch seamlessly transitions between power sources, ensuring continuous power supply during power outages, thereby protecting your appliances and eliminating downtime
  • 【WORKING PRINCIPLE】: It can switch between AC input 2 (utility or shore power) and AC input 1 (inverter or generator) AC power sources. When AC input 2 is powered on, the load power will be switched to AC input 2. When AC input 2 is powered off, the load power will be switched to AC input 1
  • 【MATERIAL】: Durable plastic shell, waterproof and moisture-proof, suitable for indoor or outdoor use. Metal components are corrosion-resistant and not easily rusted, ensuring stable and fast transmission speed
  • 【SPECIFICATIONS】: Input or Output Voltage: AC 90 to 135V 50/60Hz. Maximum current 15 Amp. Transfer time less than 30mS (0.03 second). For most smart devices or computers, the switching action of 30mS time will not affect their normal operation
  • 【ENHANCED SAFETY】: Internal four high power SPST relays switch design, effectively avoid the problem of DPDT relay high inductive load arcing. Live and Neutral wire are switched at the same time. The Ground wires of the two inputs and output are connected together internally and will not follow the switch on and off
Rank #2
RXSW200A3 200 Amp Automatic Transfer Switch w/Power Management Replacement for Generac, Service Entrance Rated, NEMA 3R Aluminum Enclosure
  • Seamless Power Transitions : This 200 Amp Automatic Transfer Switch is designed to seamlessly transfer the electrical load between a utility (primary) power source and a generator (backup) power source, it powers your entire household, including high-demand appliances, during outages.
  • Digital Power Technology : This generator transfer switch 200 amp uses integrated load management technology to manage four separate HVAC loads with no additional accessories required.
  • Compatibility : Replacement for Generac RXSW200A3 Automatic Smart Transfer Switch. Compatible with 8-24 kw home standby generators.
  • Features: 200A transfer switch is installed in a type 3R enclosure, has an aluminum partition inside to prevent excessive contact with internal components, it withstands wind, rain, rust, dust, sunlight, and corrosion, providing top-notch protection in challenging weather conditions.
  • Install: This 200 amp switch transfer comes with a detailed installation manual, NOTE: If you are not familiar with installation and operation, we strongly recommend that you ask a professional electrician to install and operate it. If you have any questions, please feel free to contact us, We will provide you with a satisfactory solution.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

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