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On the Record · Array Technologies

Array Technologies acquisitions, on the record

The businesses Array Technologies bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Soluciones Técnicas Integrales Norland, S.L.U. and its subsidiaries (STI)
Word for word“On January 11, 2022, we completed our acquisition of STI for purchase consideration of $410.5 million in cash and 13,894,800 shares of our common stock.” 10-K for 2023
acquisitionJanuary 11, 2022$410.5 million in cash and 13,894,800 shares of our common stock
equity investment in preferred stock of a private company
Word for word“In June 2024, we divested 100 % of our equity investment in preferred stock of a private company we purchased in 2021.” 10-K for 2024
divestitureJune 2024—
APA Solar, LLC
Word for word“On August 14, 2025 (the “Closing Date”), our wholly owned subsidiary STINorland USA, Inc., a California corporation (“Buyer”), completed the acquisition of 100% of the issued and outstanding equity interests of APA (the “APA Acquisition”), pursuant to the terms of the equity purchase agreement, dated as of June 17, 2025 (as amended, the “Purchase Agreement”), by and among the Company, Buyer, APA, SunHoldings, LLC, an Ohio limited liability company (“Seller”), and the guarantors party thereto.” 10-K for 2025
acquisitionAugust 14, 2025—
Soluciones Técnicas Integrales Norland, S.L.U.
Word for word“On January 11, 2022, the Company acquired 100 % of the share capital of Soluciones Técnicas Integrales Norland, S.L.U., a Spanish private limited liability Company, and its subsidiaries (collectively, “STI”) with cash and common stock of the Company (the “STI Acquisition”).” 10-K for 2025
acquisitionJanuary 11, 2022—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2020-12-31$0—
2021-12-31$0—
2022-12-31$373.8 million$343.4 million
2023-12-31$0—
2024-12-31$0—
2025-12-31$164.9 million$65.4 million

Deal filings since 2016

Read from Array Technologies’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.