nVent Electric plc (capital (treasury/financing facet)) → Maverick Power (power distribution & infrastructure manufacturing (data center power equipment — McKinney, TX))
$550.0M (ceiling) — potential additional consideration of up to $550M in cash, contingent on Maverick Power achieving certain performance metrics in 2027 and 2028 — an earnout, not delivered consideration
$550.0M (ceiling) — potential additional consideration of up to $550M in cash, contingent on Maverick Power achieving certain performance metrics in 2027 and 2028 — an earnout, not delivered consideration
Sourced figures 1
- nVent Electric plc (investor-relations press release, direct fetch) nVent agreed to acquire Maverick Power for $1.75 billion, subject to customary adjustments
the working
Basis
$550.0M (ceiling) — potential additional consideration of up to $550M in cash, contingent on Maverick Power achieving certain performance metrics in 2027 and 2028 — an earnout, not delivered consideration
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