FTC Solar - M&A Summary and Business Overview

Renewable EnergyCompany

FTC Solar M&A Summary

FTC Solar has acquired 1 company, including 1 in the last 5 years.

FTC Solar has acquired in 1 US state. The Company’s most targeted sectors include semiconductors (100%).

FTC Solar Business Overview

Where is FTC Solar headquartered?

FTC Solar is headquartered in Austin, Texas.

What is FTC Solar’s revenue?

FTC Solar disclosed revenue of 127M USD for 2023 and 123M USD for 2022.

How many employees does FTC Solar have?

FTC Solar has 213 employees.

What sector is FTC Solar in?

FTC Solar is a renewable energy company.

When was FTC Solar founded?

FTC Solar was founded in 2017.

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1

FTC Solar

FTC Solar, Inc.

9020 North Capital of Texas Highway Suite I-260,
Austin, Texas 78759
United States,
(737) 787-7906
www.ftcsolar.com

FTC Solar is a global provider of solar tracker systems, technology, software, and engineering services. Solar trackers significantly increase energy production at solar power installations by dynamically optimizing solar panel orientation to the sun. FTC Solar’s innovative tracker designs provide compelling performance and reliability, with an industry-leading installation and speed advantage. FTC Solar was founded in 2017 and is based in Austin, Texas with sales and support resources in Australia, India, the Middle East, and Southeast Asia.


M&A Summary

Buy vs Sell

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

Most Recent M&A

Company Date Value Type
HX Tracker, Inc. 2022-06-14 - Add-on Acquisition
Walnut, California · www.hxtracker.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Semiconductors 1 (100%) - - -
Total 1 - - -

By Geo

State/Country Buy Value Sell Value
United States 1 - - -
  California 1 - - -
Total 1 - - -

Company Summary

SECTOR

Renewable Energy

Revenue

127   4% 2023
123   55% 2022
271   45% 2021
187   253% 2020
53   2019
(millions of USD) Show More Show Less

Employees

213

Established

2017

Public

NASDAQ: FTCI

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