AcquisitionsJul 16, 2026, 04:32 PM

Array Technologies to Acquire AWM for $203M

AI Summary

Array Technologies, Inc. announced a definitive agreement to acquire Affordable Wire Management, LLC (AWM) for approximately $203 million. This acquisition aims to expand Array's balance-of-system product portfolio, adding solutions for solar wire management, cable protection, and battery energy storage systems (BESS), and creating new growth opportunities in BESS and datacenter markets. The deal, valued at 8.8x AWM's trailing twelve-month EBITDA, is expected to be high single-digit accretive to Array's Adjusted EPS in the first year before synergies and is anticipated to close in Q3 2026.

Key Highlights

Array Technologies to acquire Affordable Wire Management, LLC (AWM).
Total consideration for AWM is approximately $203 million.
The acquisition represents an 8.8x multiple of AWM's trailing twelve-month EBITDA.
Expected to be high single-digit accretive to Array's Adjusted EPS in year one before synergies.
AWM generated nearly $60 million in trailing twelve-month revenue.
The acquisition is expected to close in the third quarter of 2026.
AWM's products include solar wire management, cable protection, and BESS solutions.

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ARRY

Miscellaneous manufacturing industries

Array Technologies, Inc.

Price Impact