Acquiring Company
Array Technologies
Acquired Company
Shoals Technologies Group
Description
Shoals Technologies Group and Array Technologies have proposed a stock-for-stock merger, creating a single entity focused on solar solutions. The merged company anticipates substantial revenue growth and new product development opportunities. Completion of the merger is expected in early 2027.
Quick answer
Array Technologies is acquiring Shoals Technologies Group, announced November 4, 2026. Array Technologies is based in Albuquerque, New Mexico, United States.
- How much did Array Technologies pay for Shoals Technologies Group?
- The deal value was not disclosed.
- What does Array Technologies do?
- Array Technologies (NASDAQ: ARRY) is a leading American company and global provider of utility-scale solar tracker technology.
- Where are Array Technologies and Shoals Technologies Group based?
- Array Technologies is based in Albuquerque, New Mexico, United States. Shoals Technologies Group is based in Portland, Tennessee, United States.
- Who are the decision-makers at Array Technologies?
- Fundz holds 2 contacts at Array Technologies. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Energy and Sustainability
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Shoals and Array combine to enhance energy solutions (November 5, 2026)
- Eneos Apac to acquire Chevron Singapore operations (October 9, 2026)
- SNRY to acquire Alpha Incorporated (October 29, 2026)
- KPI Green Energy to acquire 507.9 MW Wind Assets (October 17, 2026)
- Atmos Renewables buys BayWa r.e. Australian assets (October 16, 2026)
- Pacolet Milliken acquires Georgia Renewable Power (October 7, 2026)
Who to call at Array Technologies, and when
When Array Technologies changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Array Technologies raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Array Technologies, from your own LinkedIn network
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Frequently asked
Who acquired Shoals Technologies Group?
Shoals Technologies Group was acquired by Array Technologies, based in Albuquerque. The deal was reported on November 4, 2026. Array Technologies (NASDAQ: ARRY) is a leading American company and global provider of utility-scale solar tracker technology. Array Technologies is publicly traded (ARRY) and operates in Energy.
When did Array Technologies acquire Shoals Technologies Group?
Array Technologies's acquisition of Shoals Technologies Group was reported on November 4, 2026. Shoals Technologies Group and Array Technologies have proposed a stock-for-stock merger, creating a single entity focused on solar solutions. The merged company anticipates substantial revenue growth and new product development opportunities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Shoals Technologies Group do?
Shoals Technologies Group, Inc. operates in the renewable energy sector, focusing primarily on providing innovative solutions for solar energy projects. It is publicly traded (SHLS), operating in Energy, and is based in Portland.
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