Shoals Technologies Group
Portland, Tennessee, United States · Energy, Renewable Energy, Semiconductors
Shoals Technologies Group, Inc. is a leading provider of electrical balance of systems (EBOS) solutions for solar, energy storage, and eMobility. Since its founding in 1996, the Company has introduced innovative technologies and systems solutions that allow its customers to substantially increase installation efficiency and safety while improving system performance and reliability. Shoals Technolo
Key facts
- Headquarters
- Portland, Tennessee, United States
- Employees
- 1,300
- Industries
- Energy, Renewable Energy, Semiconductors
- Status
- Public (SHLS)
- Website
- shoals.com
- Company page
Recent activity at Shoals Technologies Group
- : SEC 8-K (1.01): On August 28, 2026, Shoals Technologies Group, Inc. entered into Amendment No. 8 to its existing Credit Agreement originally dated November 25, 2020. This Amendment, involving key financial institutions such as Wilmington Trust, National Association and JPMorgan Chase Bank, N.A., changes the requirements for maintaining deposit and security accounts to simply having these accounts with JPMorgan Chase Bank. The strategic implication of this amendment is the simplification of control requirements for perfection purposes. This allows the company to streamline its financial operations while ensuring compliance with the agreement terms.
- : SEC 8-K (1.01): On June 10, 2026, Shoals Technologies Group, Inc. entered into Amendment No. 7 to its Credit Agreement with Wilmington Trust as Collateral Agent and JPMorgan Chase Bank as Administrative Agent. The Amendment provides for a new tranche of incremental revolving loans totaling $50,000,000 for 18 months, alters the financial covenants by replacing the secured leverage ratio with a total leverage ratio of 4.00:1.00, and makes customary amendments to other covenants. This agreement is strategic as it enhances the company's liquidity through the new loans and adjusts financial metrics to facilitate potential acquisitions. The effective date of the Amendment is critical as it highlights the immediate impact on the company's financing capabilities.
- : Shoals Technologies Group Appoints David Van Bibber as Chief Accounting Officer
- : SEC 8-K (5.02): On November 5, 2025, Shoals Technologies Group, Inc. appointed David Van Bibber as Chief Accounting Officer, effective November 10, 2025. Mr. Van Bibber previously served as Controller and Chief Accounting Officer at Haynes International, Inc. His new role includes an annual base salary of $325,000, eligibility for a cash bonus, and participation in the 2021 Long-Term Incentive Plan which may grant him equity awards valued at approximately $225,000. The offer letter includes a sign-on cash award of $75,000, with conditions for clawback if terminated for cause or resigning without good reason. This appointment is significant as it reflects the Company's strategic direction in managing its financial operations.
- : SEC 8-K (5.02): On November 5, 2025, Shoals Technologies Group, Inc. appointed David Van Bibber as its Chief Accounting Officer, with an effective date of November 10, 2025. Mr. Van Bibber, age 54, transitions from Haynes International, Inc., where he held various roles since December 2012, culminating as Controller and Chief Accounting Officer. He also previously served as Director of Finance at Belden, Inc. This appointment aims to strengthen the company's financial leadership as it continues to expand its operations in the technology sector.
- : Shoals Technologies Group Appoints Bobbie L. King, Jr. as Chief Legal Officer
- : Shoals Technologies Group Strengthens Executive Team with New Appointments
- : Shoals Announces Partnership with UUES for Solar Solutions in Saudi Arabia
- : Shoals Technologies Group, Inc.
Shoals Technologies Group funding history
| Date | Round | Amount |
|---|---|---|
| Sep 2021 | Venture | $6.5M |
Leadership
- James Hart, Executive Officer, Director
- David Van Bibber, Chief Accounting Officer
- Bobbie L. King, Jr., Chief Legal Officer
- Kirsten Moen, Chief Operating Officer
- Sara Jo Walker, Director
Verified email and direct lines for Shoals Technologies Group’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
Shoals Technologies Group files 6 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
Shoals Technologies Group in the news
- Shoals Technologies Group, Inc. Announces Third Quarter 2026 Earnings Release Date and Conference Call - Yahoo Finance (Oct 19, 2026)
- Shoals Technologies Group Prevails in Patent Infringement Case Against Voltage in North Carolina - Yahoo Finance (Aug 26, 2026)
- Shoals Technologies Group Announces Manufacturing and Deliveries Underway for 1.1 GW Hyperscale Data Center Project with ON.energy - Quiver Quantitative (Aug 18, 2026)
- Shoals Technologies Group, Inc. Opens New Tennessee Mega - GlobeNewswire (May 19, 2026)
- Shoals Technologies Group and TerraFlow Energy Forge Multi-Gigawatt Partnership to Advance the Future of Energy Storage - Yahoo Finance (Aug 03, 2026)
- Shoals Technologies Group, Inc. Opens New Mega Facility in Portland, Tennessee, Reinforcing American Manufacturing and Energy Supply Chain | SHLS Stock News - Quiver Quantitative (May 19, 2026)
- Governor Lee, Commissioner McWhorter Announce Shoals Technologies Group to Expand Manufacturing and Distribution Operations in Sumner County - TNECD - Tennessee Department of Economic and Community Development (Feb 21, 2024)
- Shoals Technologies Group, Inc. Announces Participation in Upcoming Events for the Investor Community - Yahoo Finance (Jul 30, 2026)
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About Shoals Technologies Group: questions and answers
What does Shoals Technologies Group do?
Shoals Technologies Group, Inc. is a leading provider of electrical balance of systems (EBOS) solutions for solar, energy storage, and eMobility. Since its founding in 1996, the Company has introduced innovative technologies and systems solutions that allow its customers to substantially increase installation efficiency and safety while improving system performance and reliability. Shoals Technolo
Where is Shoals Technologies Group headquartered?
Shoals Technologies Group is headquartered in Portland, Tennessee, United States.
How many employees does Shoals Technologies Group have?
Shoals Technologies Group has about 1,300 employees.
Has Shoals Technologies Group raised funding?
Yes. Fundz has recorded 1 funding event for Shoals Technologies Group. The most recent, $6.5M, was in Sep 2021.
What is the latest news on Shoals Technologies Group?
On Aug 28, 2026, SEC 8-K (1.01): On August 28, 2026, Shoals Technologies Group, Inc. entered into Amendment No. 8 to its existing Credit Agreement originally dated November 25, 2020. This Amendment, involving key financial institutions such as Wilmington Trust, National Association and JPMorgan Chase Bank, N.A., cha
Is Shoals Technologies Group a public company?
Yes. Shoals Technologies Group is publicly traded under the ticker SHLS.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy