Fundz
Funding, M&A and exec moves matched to your market, from $49/mo billed annually, or $79/mo quarterly. See plans and pricing.See plans →

nVent acquires Maverick Power for $1.75 billion

PUBLIC · NVTAug 24, 2026•about 4 hours ago

Acquiring Company

nVent Electric plc

Acquired Company

Maverick Power

St Louis ParkMc KinneyManufacturingSecurityManufacturing

Description

nVent Electric plc announced it is acquiring Maverick Power for $1.75 billion. The acquisition aims to enhance nVent's data center capabilities and expand its power distribution offerings. The deal is expected to close in the fourth quarter of 2026, pending regulatory review. Maverick Power's expertise aligns well with nVent's strategy in the infrastructure sector.

Company Information

Company

nVent Electric plc

Location

St Louis Park, Minnesota, United States

About

nVent is a leading global provider of electrical connection and protection solutions, offering a comprehensive range of enclosures, electrical connections, fastening, and thermal management solutions under industry-leading brands. With its principal office in London, nVent provides innovative electrical solutions that enable safer systems and ensure a more secure world.

Don't miss nVent Electric plc's next move

Get an email the moment nVent Electric plc makes an acquisition, hires an exec, or expands, usually minutes after it happens.

One email per event. Unsubscribe anytime.

Related People

Martha
Likely contact at this company
••••••••@••••••••

See Martha's verified email →

Predictive Intelligence
Strategic

ML-powered predictions for nVent Electric plc's next move

Learn about Strategic plan

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Maverick Power?

Maverick Power was acquired by nVent Electric plc, based in St Louis Park. The deal was reported on August 24, 2026. nVent Electric plc is publicly traded (NVT) and operates in Manufacturing.

When did nVent Electric plc acquire Maverick Power?

nVent Electric plc's acquisition of Maverick Power was reported on August 24, 2026. nVent Electric plc announced it is acquiring Maverick Power for $1.75 billion. The acquisition aims to enhance nVent's data center capabilities and expand its power distribution offerings. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Maverick Power do?

Maverick Power manufactures engineered power distribution and infrastructure solutions. The company specializes in low- and medium-voltage switchgears and switchboards. It offers integrated modular solutions to support various power needs. It is privately held, operating in Manufacturing, and is based in Mc Kinney.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.