nVent's $1.75B deal targets a data-center power maker with about 900 employees
nVent (NYSE: NVT) agreed to acquire Maverick Power for $1.75B, with up to $550M more tied to performance. Maverick, a data-center power solutions provider, has estimated 2026 revenue of $700M. The deal, expected to close in Q4 2026, will be funded by cash and new debt and is projected to be accretive to nVent's adjusted EPS in the first year.
How this was made
The 30-second read
Why it matters
The deal is expected to be accretive to adjusted EPS in the first year, with an implied EV/EBITDA multiple of ~11.5x, funded by cash and new debt.
Market read
A sizable M&A transaction in the high‑growth data‑center power market, likely to move NVT stock and influence sector sentiment.
What to watch
Integration risk and possible competition from other power‑distribution providers.
Background
nVent Electric plc, a NYSE‑listed electrical solutions provider, is expanding its data‑center offerings through the Maverick Power acquisition.
Ticker impact
nVent announced a definitive agreement to acquire Maverick Power for $1.75 billion, a material M&A deal that will be accretive to EPS.
Potential upside as the deal is accretive; downside risk from increased leverage.
Accretive EPS guidance and revenue boost are positive, while debt financing adds risk.
Market effects
Strengthens the data‑center infrastructure segment and may spur further M&A activity in power distribution.
Adds to North American data‑center supply chain dynamics.
Highlights continued consolidation in the global power‑distribution market.
Counterpoint
The added debt could pressure credit metrics and limit flexibility, potentially outweighing EPS accretion.
Key entities
- CompanynVent
NYSE: NVT, acquirer.
- CompanyMaverick Power
Target, private data‑center power distributor.
