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.

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

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