Jabil acquires Hanley in $725M data center play

This is the latest of several acquisitions by Jabil focused on data center operations and services.

Florida-based engineering and manufacturing services company Jabil Inc. has agreed to acquire Hanley Energy Group for $725 million in an all-cash transaction.

Headquartered in Ashburn, Virginia, Hanley designs and manufactures energy management and critical power solutions serving the data center infrastructure market.

The deal is expected to close in the first quarter of 2026, subject to customary closing conditions and regulatory approvals.

In June 2025, Jabil announced plans to invest approximately $500 million over the next several years to expand its footprint in the Southeast United States to support cloud and AI data center infrastructure customers.

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.

Ed Bailey, Jabil SVP and Chief Technology Officer, Intelligent Infrastructure, said Hanley’s expertise in designing, building, and commissioning turnkey mission-critical power solutions from the grid all the way to the hyperscale data center.

“[This] 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 Bailey.

Matt Crowley, Jabil’s Executive Vice President, Global Business Units, Intelligent Infrastructure, said the deal gives Jabil the capability to not only design and manufacture these solutions, but also to deploy and service them in the data center.

In Jabil’s 2025 year-end report, CEO Mike Dastoor said the company expects revenue of $31.3 billion, core operating margins of 5.6%, and adjusted free cash flow of more than $1.3 billion. Dastoor said the company sees “significant opportunities” ahead in areas such as AI data center infrastructure, healthcare, and advanced warehouse and retail automation, and said Jabil will be “deploying capital in ways that strengthen our capabilities and enhance shareholder returns.”

Based in St. Petersburg, Florida, Jabil operates 30 sites across the United States, combining automation, robotics, and process optimization.

Written by

Michael Ouellette

Michael Ouellette is a senior editor at engineering.com covering digital transformation, artificial intelligence, advanced manufacturing and automation.