Mergers & Acquisitions ·
Array Technologies, Inc. completed its acquisition of Affordable Wire Management, LLC on August 31, 2026, paying…
ARRYArray Technologies, Inc.
Array Technologies, Inc. completed its acquisition of Affordable Wire Management, LLC on August 31, 2026, paying approximately $165 million in cash consideration net of customary adjustments. The strategic transaction expands the company's balance-of-system product portfolio with high-margin cable management solutions for utility-scale solar and energy storage projects. This move is expected to create new growth opportunities across solar, battery energy storage, and datacenter infrastructure markets. The acquisition is anticipated to be at least high single-digit accretive to Adjusted EPS in the first year before synergies. Array Technologies operates as a leading global provider of solar tracking technology and fixed-tilt systems for utility-scale and distributed generation customers.