On the Record · Sunworks

Sunworks acquisitions, on the record

The businesses Sunworks 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

Business	Deal	When	Value
Solar United Network, Inc. Word for word“On January 31, 2014, we acquired 100% of the stock of Solar United Network, Inc., a California corporation.” 10-K for 2020	acquisition	On January 31, 2014	—
MD Energy Word for word“On March 2, 2015, we acquired MD Energy.” 10-K for 2020	acquisition	On March 2, 2015	—
Plan B Word for word“On December 1, 2015, we acquired Plan B through a merger of Plan B Enterprises, Inc. into our wholly owned subsidiary, Elite Solar Acquisition Sub., Inc.” 10-K for 2020	acquisition	On December 1, 2015	—
The Peck Company Holdings, Inc. and Peck Mercury, Inc. Word for word“During the second half of 2020 Sunworks entered into an Agreement and Plan of Merger among The Peck Company Holdings, Inc., Peck Mercury, Inc. and Sunworks (the “Merger Agreement”).” 10-K for 2020	agreed acquisition	—	—
Solcius Word for word“The purchase price for Solcius consisted of $51.75 million in cash, subject to post-closing adjustments related to working capital, cash, indebtedness and transaction expenses.” 10-K for 2021	acquisition	—	$51.75 million in cash
Plan B Enterprises, Inc. Word for word“On December 1, 2015, we acquired Plan B through a merger of Plan B Enterprises, Inc. into our wholly owned subsidiary, Elite Solar Acquisition Sub., Inc.” 10-K for 2021	merger	December 1, 2015	—
MD Energy LLC Word for word“During 2021 the Company merged the remaining assets of MD Energy LLC into Plan B and renamed the entity Commercial Solar Energy, Inc (“CSE”).” 10-K for 2021	merger	During 2021	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)
2021-12-31	$50.6 million

Deal filings since 2016

2023-08-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-08-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-06-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-05-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-06-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-06-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2021-04-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-04-08 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2021-02-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-08-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-04-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-01-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-06-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-06-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-04-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-01-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Sunworks’s annual reports (10-K for 2022, 10-K for 2021, 10-K for 2020) and the financial data it files with the SEC, as of 2023-03-10. 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.