M&A
confidence high
sentiment positive
materiality 0.65
Nextracker acquires Ojjo Inc. for ~$119M in all-cash deal
Nextpower Inc.
- All-cash acquisition of Ojjo, Inc. for approximately $119 million.
- Ojjo specializes in foundation technology and services for utility-scale solar ground-mount applications.
- Purchase price subject to working capital and other customary purchase price adjustments.
- Announcement made on June 20, 2024.