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Nextracker acquires Bentek Corporation for eBOS products

May 18, 20257 months ago

Acquiring Company

Nextracker

Acquired Company

Bentek Corporation

FremontSan JoseEnergyRenewable EnergyEnergyManufacturing

Description

Nextracker has acquired Bentek Corporation to add eBOS products to its portfolio. This acquisition aims to enhance the integration of eBOS with Nextracker's solar tracker systems. The collaboration is expected to improve system commissioning and energy yield. With this acquisition, Nextracker continues to expand its offerings in the solar power sector.

Company Information

Company

Nextracker

Location

Fremont, California, United States

About

Nextracker innovates and delivers a leading solar power technology platform with integrated tracker, electrical solutions, and yield management and control systems for utility-scale and distributed generation projects. Our advanced technology enables solar power plants to follow the sun’s movement across the sky and optimize performance. With systems operating in more than 40 countries worldwide, Nextracker offers innovative solutions that accelerate solar power plant construction, increase energy output, and enhance long-term reliability.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed