nVent Electric Acquires Maverick Power
August 24, 2026
nVent Electric agreed to acquire Maverick Power for $1.75 billion, plus up to $550 million in additional consideration tied to performance in 2027 and 2028. The acquisition was completed on October 1, 2026, adding Maverick’s engineered power distribution products and services to nVent’s portfolio and expanding its data center infrastructure capabilities.
- Buyers
- nVent Electric plc
- Targets
- Maverick Power
- Industry
- Manufacturing
- Location
- Texas, United States
- Transaction Type
- Buyout
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