Array Technologies - M&A Summary and Business Overview

Renewable EnergyCompany

Array Technologies M&A Summary

Array Technologies has acquired 1 company, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms.

Array Technologies’ largest acquisition to date was in 2021, when it acquired Soluciones Técnicas Integrales Norland S.L. for $396M. The Company’s most targeted sectors include renewable energy (100%).

Array Technologies Business Overview

Where is Array Technologies headquartered?

Array Technologies is headquartered in Albuquerque, New Mexico.

What is Array Technologies’ revenue?

Array Technologies disclosed revenue of 1,577M USD for 2023 and 1,638M USD for 2022.

How many employees does Array Technologies have?

Array Technologies has 975 employees.

What sector is Array Technologies in?

Array Technologies is a renewable energy company.

When was Array Technologies founded?

Array Technologies was founded in 1989.

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1
  • M&A Advisors 2

Array Technologies

Array Technologies, Inc.

3901 Midway Place NE,
Albuquerque, New Mexico 87109
United States,
(505) 881-7567
www.arraytechinc.com

Array Technologies is a manufacturer of smart, cost-effective, reliable, and robust solar tracking systems for utilities, corporations, small businesses, and homeowners. A pioneer in ground-mounted solar systems design and manufacturing, Array is recognized for its performance-driven products and engineering expertise. The company provides solar tracking solutions for any project, whatever its scale, location, or requirements. Array Technologies was incorporated in 1989 and is based in Albuquerque, New Mexico.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # - - 1 - - - 1
vol $396M $396M
Sell (0.0/yr) # - - - - - - 0
  1

Most Recent M&A

Company Date Value Type
Soluciones Técnicas Integrales Norland, S.L. 2021-11-11 396M EUR Add-on Acquisition
Pamplona, Spain · www.stinorland.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Renewable Energy 1 (100%) 396M (100%) - -
Total 1 $396M - -

By Geo

State/Country Buy Value Sell Value
Spain 1 396M - -
Total 1 $396M - -

Top M&A Advisors

Financial Deals
Guggenheim Securities
 1
Legal Deals
Kirkland & Ellis
 1

Deal Values

buy # Total
$100M to $1B 1 $396M
TOTAL $396M
Largest Soluciones Técnicas Integrales Norland, S.L.
$396M (2021-11-11)

M&A Connections

Deals
Acquired from
Investor(s)
100%
1 (100%)

Company Summary

SECTOR

Renewable Energy

Revenue

1,577   4% 2023
1,638   93% 2022
853   3% 2021
873   35% 2020
648   123% 2019
291   2018
(millions of USD) Show More Show Less

Employees

975

Established

1989

Public

NASDAQ: ARRY

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