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Shoals Technologies agrees to merge with ARRAY Technologies

By Public Technologies
  • Shoals Technologies Group will merge with ARRAY Technologies, creating an integrated energy infrastructure platform expected to close in first-quarter 2027.
  • ARRAY will remain the surviving legal entity; Shoals shareholders will own approximately 65% of the combined company's basic shares outstanding.
  • The combination targets more than $100 million in annual incremental EBITDA from cost and commercial synergies by year three.
  • ARRAY will redeem $161.3 million of Series A Redeemable Preferred Stock within 90 days of closing, followed by $156.3 million over three years.
  • Brandon Moss will lead the combined company as CEO, with Kevin Hostetler transitioning to a special adviser role.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shoals Technologies Group Inc published the original content used to generate this news brief on November 04, 2026, and is solely responsible for the information contained therein.

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