LONDON, UK, Oct 2, 2026 – nVent has completed its $1.75 billion acquisition of Maverick Power, a manufacturer of power distribution and infrastructure equipment for data centers. The deal includes up to $550 million in additional cash payments tied to performance metrics in 2027 and 2028.
“We are excited to welcome the Maverick Power team to nVent,” said nVent Chair and CEO Beth Wozniak. “Maverick Power adds a power distribution platform to our portfolio, which complements our current data center offerings. Additionally, Maverick Power expands our offerings for new power architectures, and system-level solutions and services for data centers.”
Source: nVent
About nVent
nVent designs, manufactures, and services products for electrical connection, protection, enclosures, and thermal management. The company serves data centers, telecommunications providers, energy utilities, industrial facilities, commercial buildings, and infrastructure projects. nVent was formed in 2018, and is headquartered in London, UK. nVent employs about 12,100 people worldwide. Its portfolio includes enclosures, heat-tracing and thermal systems, surge and grounding equipment, fastening systems, cable-management products, and other components used to connect and protect equipments. nVent sells these products under brands including Caddy, Erico, Hoffman, Ilsco, Schroff, and Trachte. Customers include data-center operators, utilities, manufacturers, and commercial developers. The company supports production and distribution across six continents to meet electrical-system needs in mission-critical facilities.
About Maverick Power
Maverick Power manufactures power distribution equipment and integrated electrical systems. Founded in 2020 as RMS Power, it is headquartered in McKinney, TX. Products include low- and medium-voltage switchgear, switchboards, power distribution units and automatic transfer switches. The company also supplies modular systems, e-houses and equipment skids. Its customers include data centers, manufacturers, health care facilities, utilities, commercial buildings and telecommunications centers. Services include system design, consulting, installation, maintenance, repair and technical support. Its medium-voltage equipment serves applications from 1 to 36 kilovolts; low-voltage systems serve applications up to 1 kilovolt. Maverick operates manufacturing and support facilities in Texas and Arizona.
