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nVent agrees to buy Maverick Power for $1.75 billion

PUBT·08/24/2026 10:30:26
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nVent agrees to buy Maverick Power for $1.75 billion
  • nVent agreed to buy Maverick Power for USD 1.75 billion, with up to USD 550 million in additional cash tied to 2027-2028 performance.
  • Maverick supplies engineered power distribution systems for data centers, with estimated 2026 revenue of about USD 700 million.
  • Deal expands nVent’s data center portfolio with a power distribution platform, targeting new power architectures and system-level solutions.
  • Closing expected in Q4 2026; funding planned from cash on hand and new debt.
  • Transaction expected to lift adjusted EPS in the first year; valued at about 11.5x anticipated 2026 adjusted EBITDA.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. nVent Electric plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608240630PRIMZONEFULLFEED9814657) on August 24, 2026, and is solely responsible for the information contained therein.