{"id":"61de972d-19ad-4d83-88f1-b545a6a27277","slug":"nvent-acquires-maverick-power-2026","acquirerCompanyId":"bd0a40fe-fcb8-4d24-92cc-1f4a8c0e6ee8","acquiredCompanyId":"adf90444-66bd-4230-be3d-af65ce6ae260","acquirerName":"nVent","acquiredName":"Maverick Power","announcementDate":"2026-08-24T12:00:00.000Z","closeDate":"2026-10-01T12:00:00.000Z","status":"completed","structure":"full_acquisition","valuationUsd":"1750000000","valuationBasis":"exact","summary":"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.","sources":[{"url":"https://www.globenewswire.com/news-release/2026/10/01/3372790/0/en/nVent-completes-acquisition-of-maverick-power.html","title":"nVent Completes Acquisition of Maverick Power","sourceName":"GlobeNewswire (nVent)","publishedAt":"2026-10-01"},{"url":"https://investors.nvent.com/press-releases/press-release-details/2026/nVent-to-Acquire-Maverick-Power/default.aspx","title":"nVent to Acquire Maverick Power","sourceName":"nVent Investor Relations","publishedAt":"2026-08-24"},{"url":"https://maverickpwr.com/maverick-power-nvent-acquisition/","title":"Maverick Power Signs Agreement to Be Acquired by nVent","sourceName":"Maverick Power","publishedAt":"2026-08-24"}],"verificationPosture":"verified","reviewStatus":"reviewed","createdAt":"2026-10-01T21:03:31.663Z","updatedAt":"2026-10-01T21:38:55.383Z","acquirerCompany":{"id":"bd0a40fe-fcb8-4d24-92cc-1f4a8c0e6ee8","slug":"nvent","name":"nVent"},"acquiredCompany":{"id":"adf90444-66bd-4230-be3d-af65ce6ae260","slug":"maverick-power","name":"Maverick Power"},"assets":[]}