Co Meath-headquartered Hanley Energy has been acquired by U.S. multinational Jabil for an initial $725 million (€631 million), with a contingent consideration of up to $58 million subject to revenue performance. The transaction, expected to close in the first quarter of 2026, expands Jabil’s capabilities in critical power and energy management for the global data centre market.

Founded in 2009 by Clive Gilmore, an American CEO, and Dennis Nordon, managing director and trained electrician from Dundalk Institute of Technology, Hanley Energy designs and installs turnkey power and energy management solutions. The company also maintains a North American headquarters in Virginia. Its early domestic client base included CIÉ, Glanbia, Roadstone, and Largo Foods, growing into a global provider for hyperscale and co-location data centres.

Hanley Energy’s first-year annualised revenue is projected at $350–$400 million, supported by mid-to-high-teens EBITDA margins and sustained double-digit revenue growth. The firm brings extensive expertise in low and medium voltage switchgear, uninterruptible power supplies, and comprehensive lifecycle services, including design, consulting, deployment, commissioning, and field support.

Jabil CTO Ed Bailey emphasised that the acquisition complements the company’s AI-focused data centre infrastructure strategy, adding deep engineering talent across Ireland and North America. The integration enables Jabil to deliver secure, reliable, and energy-efficient power solutions with full-service capabilities from grid to hyperscale data centres.

The acquisition positions Jabil to differentiate itself in the data centre market by combining design, manufacturing, deployment, and service capabilities under one roof, enhancing operational efficiency and customer responsiveness. It also strengthens the company’s ability to provide custom solutions for hyperscale, co-location, and digital-native clients.

Discover how Hanley Energy’s expertise will bolster Jabil’s global data centre power and energy solutions in the full article.