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.
nVent Electric exceeded Q3 earnings expectations with adjusted EPS of 91 cents. Net sales grew 35% year-over-year, reaching $1.05 billion. Company raised its full-year 2025 sales growth outlook to 27%-28%. Analysts adjusted price targets upward; RBC to $133, Goldman to $140. Shares fell 1% on Monday, trading at $113.22 after earnings report.