nVent Electric Completes $1.75 Billion Acquisition of Maverick Power

Key Facts

1nVent Electric completed the acquisition of Maverick Power for a cash purchase price of $1.75 billion.

2The deal includes potential additional consideration of up to $550 million based on performance metrics in 2027 and 2028.

nVent Electric completed the acquisition of Maverick Power for a cash purchase price of $1.75 billion. GlobeNewswire reported that the deal includes potential additional consideration of up to $550 million, contingent on the company meeting specific performance metrics in 2027 and 2028.

The acquisition is designed to strengthen nVent's electrical infrastructure and power distribution solutions, specifically targeting the expanding data center market. NVT closed at $160.37 on September 30, 2026, as the company moves to integrate Maverick Power’s capabilities into its global portfolio.