MCKINNEY, Texas — August 24, 2026 — Maverick Power announced today that it has signed a definitive agreement for the sale of the business to nVent, a global provider of electrical connection and protection solutions. 

“This opportunity is a validation of what we have built together at Maverick Power—the business we’ve created, the reputation we’ve earned, the relationships we have with our customers, and the expertise our people bring every day,” said Tom Currier, President and CEO of Maverick Power. “We’re excited to build on that foundation and continue growing and expanding what we do.” 

nVent’s strategy, culture, focus on people and customer-first approach are highly complementary to those of Maverick Power. nVent also brings scale, resources and capabilities that can help support Maverick Power’s continued growth and expansion. 

The acquisition would add a power distribution platform to nVent’s portfolio and complement its existing data center offerings. Together, the companies expect to deliver a broader power and cooling portfolio for data center customers. 

The transaction is expected to close in the fourth quarter of 2026, subject to customary closing conditions, including regulatory approval. 

Additional information about the proposed transaction is available in nVent’s official announcement. 

About Maverick Power 

Maverick Power is a leading North American provider of engineered power distribution and infrastructure solutions, including low-voltage switchgear and switchboards, medium-voltage switchgear, integrated modular solutions, and services. Headquartered in McKinney, Texas, Maverick Power has approximately 900 employees in Texas and Arizona. For more information, visit maverickpwr.com.