nVent to acquire Maverick Power for $1.75 billion

nVent Electric plc announced a definitive agreement to acquire Maverick Power, a manufacturer of engineered power distribution solutions for data centers, for $1.75 billion, with potential additional consideration of up to $550 million.

“Maverick Power is a great fit for nVent and aligns with our strategy to focus on the high-growth infrastructure vertical.”investors.nvent.com

• 1 source
• investors.nvent.comnVent Electric plc - nVent to Acquire Maverick PowerAug 24, 2026

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