nVent completes USD 1.75 billion acquisition of Maverick Power
Bitget2026/10/01 11:46- nVent completed its acquisition of Maverick Power for USD 1.75 billion, subject to customary purchase price adjustments.
- Deal terms include potential additional cash consideration of up to USD 550 million tied to performance metrics in 2027 and 2028.
- Maverick Power manufactures engineered power distribution and infrastructure equipment for data centers, expanding nVent’s data center power platform.
- Maverick Power is headquartered in McKinney, Texas, with about 900 employees across Texas and Arizona.
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