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nVent to acquire Maverick Power for $1.75 billion
PUBLIC · NVTSep 15, 2026•about 3 hours ago
Acquiring Company
nVent Electric plc
Acquired Company
Maverick Power
St Louis ParkMc KinneyManufacturingSecurityManufacturing
Description
nVent Electric plc announced plans to acquire Maverick Power, LLC for $1.75 billion. The acquisition will be financed through a public offering of $800 million in senior notes. The acquisition is expected to be completed by November 20, 2026, subject to conditions.
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.
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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 September 15, 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 September 15, 2026. nVent Electric plc announced plans to acquire Maverick Power, LLC for $1.75 billion. The acquisition will be financed through a public offering of $800 million in senior notes. 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.
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St Louis Park