Shoals Technologies Group, Inc. has officially announced its merger with Array Technologies, Inc., marking a significant step in the semiconductor and energy infrastructure sectors. The merger, which was disclosed on November 4, 2026, is expected to create an integrated platform that enhances capabilities and meets the growing energy demands of the future.

Brandon Moss, CEO of Shoals, and Kevin Hostetler, CEO of Array, shared the news via a joint transaction website, expressing their excitement about the merger. Moss stated, “Shoals and Array have entered into a definitive agreement to combine in a stock-for-stock merger, creating an integrated energy infrastructure platform.” This collaboration is seen as a milestone for both organizations, reflecting their hard work and commitment to innovation.

Background

Shoals Technologies Group, Inc., incorporated in Delaware and listed on Nasdaq under the ticker SHLS, operates in the semiconductor and related devices industry (SIC 3674). The company has been actively involved in providing solutions that enhance energy efficiency and infrastructure. Recent filings include a Form 425 filed on November 4, 2026, which details the merger announcement.

What the Filing Says

The SEC filing indicates that the merger is expected to unite two highly complementary companies and their teams. Moss highlighted the potential for the combined entity to create a differentiated platform that addresses significant energy demands projected in the coming years. The filing noted, “Following the closing, the combined company is expected to bring together leading solutions across trackers, foundations, fixed-tilt racking, electrical infrastructure, wire management and power delivery systems.”

Impact

The merger may significantly affect both companies' employees, shareholders, and customers. The combined entity is expected to provide solar and battery storage customers with a unified design package and integrated warranty support, enhancing customer experience and reducing costs. The leadership structure will see Moss as the CEO of the new company, with Brad Forth serving as Chairman of the Board. This leadership team is anticipated to leverage their expertise to foster growth and innovation.

What's Next

The transaction is expected to close in the first quarter of 2027, subject to approval by shareholders of both companies and necessary regulatory approvals. Until the merger is finalized, Shoals and Array will continue to operate as separate entities. The filing indicates that both companies will keep stakeholders informed as the integration process unfolds.

In summary, the merger between Shoals Technologies Group and Array Technologies represents a strategic move to enhance capabilities in the semiconductor and energy infrastructure sectors. As both companies prepare for this significant transition, the industry will be watching closely to see how this merger reshapes the competitive landscape.