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.

Targets
Maverick Power
Industry
Manufacturing
Location
Texas, United States
Transaction Type
Buyout

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