---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-142342"
form_type: "8-K"
ticker: "ARRY"
cik: "0001820721"
company_name: "Array Technologies, Inc."
filed_at: "2025-06-18T23:59:59+00:00"
generated_at: "2026-05-19T03:21:16.445158+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Array buys APA Solar for $210M; expands into engineered foundations, expects EPS accretion

## Summary
- Base purchase price $210M comprising $168M upfront cash and $42M deferred consideration payable in two installments.
- Enterprise value ~$179M, 7.6x trailing 12M EBITDA ($25M) excluding 45X credits.
- APA designs and manufactures solar racking and foundation solutions; adds domestic Ohio manufacturing.
- Closing expected Q3 2025 subject to HSR approval and customary conditions.
- Deal expected to be high-single-digit accretive to Adjusted EPS in year one before synergies.

## SEC filing metadata
- accession: 0001193125-25-142342
- form_type: 8-K
- ticker: ARRY
- cik: 0001820721
- company_name: Array Technologies, Inc.
- filed_at: 2025-06-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820721/000119312525142342/0001193125-25-142342-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820721/000119312525142342/d931026d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-142342
- JSON: https://secwatch.observer/filing/0001193125-25-142342.json
- Plain text: https://secwatch.observer/filing/0001193125-25-142342.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.