Agreement signedPublished 16 Jul 2026

STINorland USA, Inc. /
Affordable Wire Management, LLC

Array to buy wire management maker in up to $203 million deal

Buy side: STINorland USA, Inc.
Buy sideSTINorland USA, Inc.
Target: Affordable Wire Management, LLC
TargetAffordable Wire Management, LLC
Array Technologies, Inc. · 16 Jul 2026Source
Buy side: STINorland USA, Inc.
Buy sideSTINorland USA, Inc.
Target: Affordable Wire Management, LLC
TargetAffordable Wire Management, LLC
01 / BuyerSTINorland USA, Inc.
02 / TargetAffordable Wire Management, LLC
Source for the buyer and target: Array Technologies, Inc.

For the buyer and target.

“Equity Purchase Agreement, dated July 16, 2026, by and among STINorland USA, Inc., Array Technologies, Inc., Affordable Wire Management, LLC, DS Equity Holdings LLC, Scott R. Rand and Daniel R. Smith.”

Published 16 Jul 2026

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01

What happened

Array Technologies said its subsidiary STINorland USA agreed to buy Affordable Wire Management, which makes wire management products for utility-scale solar and battery storage projects. The total consideration can reach $203,000,000, including a $153,000,000 base price, with deferred and performance-based payments on top, and the deal is subject to customary closing conditions and HSR antitrust clearance. [01]

02

The source

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01
Source · Array Technologies, Inc.

Array to buy wire management maker in up to $203 million deal

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  1. Published by Array Technologies, Inc.

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This dealSTINorland USA, Inc. / Affordable Wire Management, LLCAgreement signed · Published 16 Jul 2026
BuyerSTINorland USA, Inc.TargetAffordable Wire Management, LLC
This dealSTINorland USA, Inc. / Affordable Wire Management, LLC

Agreement signed · STINorland USA, Inc. agreed to acquire Affordable Wire Management, LLC (Agreement signed, published 16 Jul 2026).

Published 16 Jul 2026
Timeline
  1. Published by Array Technologies, Inc.
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