Array Technologies and Shoals Technologies Group agreed on November 4, 2026 to an all-stock merger valuing Shoals at about $1.32 billion, leaving Shoals holders with about 65% of the combined company.
Array Technologies to Acquire Affordable Wire Management for Up to $203 Million
Array Technologies (ARRY) agrees to acquire Affordable Wire Management for up to $203 million at 8.8x EBITDA, adding wire management and balance-of-system products across solar, BESS, and datacenter markets.