ARRY Array technologies - additional consideration includes $10M installments and up to $40M performance-based earnout
ARRY Array technologies - additional consideration includes $10M installments and up to $40M performance-based earnout
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08:30:38 PM UTC
SquawkNews
ARRY Array technologies to acquire affordable Wire management (awm), creating new growth platform in balance-of-system solutions Array technologies - deal valued at $203M, representing 8.8x trailing twelve-month EBITDA - Additional consideration includes $10M installments and up to $40M performance-based earnout - Acquisition expected to be high single digit accretive to Array's adj EPS in year one - Awm Senior management team expected to remain after closing
ARRY Array technologies to acquire affordable Wire management (awm), creating new growth platform in balance-of-system solutions Array technologies - deal valued at $203M, representing 8.8x trailing twelve-month EBITDA - Additional consideration includes $10M installments and up to $40M performance-based earnout - Acquisition expected to be high single digit accretive to Array's adj EPS in year one - Awm Senior management team expected to remain after closing