ARRAY Technologies has announced a definitive agreement to acquire Affordable Wire Management (AWM), a provider of wire management, cable protection, and balance-of-system solutions for utility-scale solar and energy storage projects, for total consideration of approximately $203 million.
AWM’s products organize, secure, and protect electrical wiring to improve system reliability, safety, installation efficiency, and long-term performance. The company generated nearly $60 million in trailing twelve-month revenue and has built a track record of profitable growth through a capital-light operating model.
The deal expands ARRAY’s balance-of-system portfolio and creates new growth opportunities in the battery energy storage and datacenter markets, extending the company’s reach beyond its core utility-scale solar customer base.
AWM’s senior management team is expected to remain with the business following the close of the transaction.
“Differentiating through engineering has always been at the core of how we design our products,” said Dan Smith, Chief Technology Officer and Co-Founder of AWM, in a statement. “By bringing our wire management and balance-of-system products together with ARRAY’s tracking, fixed-tilt, and foundation platform, we can deliver various integrated solutions engineered to work together – simplifying design, improving installation, and reducing costs for our customers.”
The transaction is expected to close in the third quarter of 2026, subject to regulatory clearance and customary closing conditions.
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