NVT to Acquire Maverick Power for $1.75B, Expanding Data Center Power Platform
Aug 24, 2026, 6:35 AM EDT2 sourcesAI-analyzed
Why it may matterVerify against the original reporting
The acquisition creates scale in a key growth vertical, elevates EBITDA potential, and provides accretion in the first year post-close, which commonly supports a re-rating if integration proceeds smoothly.
AI summary
What happened, with direct paths to the underlying reporting
nVent plans to acquire Maverick Power for $1.75B, with up to $550M earnout, expanding its data center power distribution platform. The deal implies ~11.5x 2026 EBITDA (~10.5x after tax benefits) and is expected to be accretive to adjusted EPS in the first year post-close, targeted for Q4 2026 and funded with cash and new debt.
NVT to acquire Maverick Power for $1.75B, plus up to $550M earnout.
Adds data-center power distribution platform, expanding high-growth infrastructure exposure.
EV/2026 EBITDA ~11.5x; ~10.5x after tax benefits; accretive to EPS in year one.
Close expected in Q4 2026; funding via cash on hand and new debt.
Bank of America providing bridge financing; regulatory closing conditions apply.
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