nVent Electric Acquires CIS Global from Guardian Capital Partners for ~$200M

June 9, 2021

nVent Electric plc has acquired CIS Global LLC, a provider of intelligent rack power distribution units and server rack slides, for approximately $200 million in cash. The acquisition strengthens nVent's data center power and thermal management capabilities and expands its global manufacturing footprint; CIS Global is headquartered in Tucson, Arizona and employs about 850 people worldwide.

Buyers
nVent Electric plc
Targets
CIS Global LLC
Sellers
Guardian Capital Partners
Industry
Manufacturing
Location
Arizona, United States
Transaction Type
Buyout

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