# nVent acquires Maverick Power: acquisition

Canonical ID: `61de972d-19ad-4d83-88f1-b545a6a27277`

Aug 24 2026 nVent announced a definitive agreement to acquire Maverick Power for $1.75 billion (subject to customary adjustments), plus potential additional cash consideration of up to $550 million based on 2027-2028 performance metrics. Oct 1 2026 nVent GlobeNewswire: transaction completed. Maverick (McKinney, Texas; ~900 employees) manufactures engineered power distribution and infrastructure solutions for data centers. Deal expands nVent's data-center power portfolio alongside existing electrical connection and protection brands.

- **Structure:** full acquisition
- **Status:** completed
- **Valuation:** $1.8B
- **Verification posture:** verified

## Parties

- **Acquirer:** [nVent](https://registry.deploy.report/companies/nvent.md)
- **Acquired:** [Maverick Power](https://registry.deploy.report/companies/maverick-power.md)

## Timeline

- **Announced:** 2026-08-24
- **Closed:** 2026-10-01

## Sources (3)

1. https://www.globenewswire.com/news-release/2026/10/01/3372790/0/en/nVent-completes-acquisition-of-maverick-power.html · 2026-10-01
2. https://investors.nvent.com/press-releases/press-release-details/2026/nVent-to-Acquire-Maverick-Power/default.aspx · 2026-08-24
3. https://maverickpwr.com/maverick-power-nvent-acquisition/ · 2026-08-24


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