nVent Electric plc agreed to acquire Maverick Power for $1.75 billion, subject to customary adjustments, with potential additional cash consideration of up to $550 million tied to performance metrics in 2027 and 2028. The maximum potential consideration is roughly $2.3 billion. Roth Capital raised its price target for nVent Electric to $195 from $185, citing growth potential from the planned acquisition and nVent's expansion in the data-center market. The transaction is expected to close in the fourth quarter of 2026, subject to customary conditions including regulatory approval, and nVent expects to fund it with available cash and new debt. Maverick Power, headquartered in McKinney, Texas, supplies engineered power-distribution and infrastructure solutions for data centers, has approximately 900 employees in Texas and Arizona, and is expected to generate about $700 million in 2026 revenue. nVent expects the acquisition to be accretive to adjusted earnings per share in the first full year after closing.