Nextracker Acquires Ojjo to Expand Utility-Scale Solar Foundations Business

Nextracker Acquires Origami Solar

September 8, 2025

Manufacturing

Nextracker has acquired Origami Solar in an all-cash transaction of approximately $53 million (including contingent earnout), expanding into the solar panel frame market. The deal brings Origami’s U.S.-based recycled-steel frame technology and manufacturing capacity into Nextracker to strengthen domestic supply chains, improve panel strength and durability, and accelerate adoption of steel frames across the industry.

Nextracker Acquires Bentek Corporation

May 14, 2025

Manufacturing

Nextracker (Nasdaq: NXT) has acquired U.S.-based Bentek Corporation for approximately $78 million in cash, including contingent earnout consideration. The acquisition adds Bentek's engineered, pre-assembled electrical balance of system (eBOS) products and U.S. fabrication footprint to Nextracker's solar tracker platform to streamline procurement and enhance integrated solar power plant solutions.

Convergint Acquires Ojo Technology Inc.

August 3, 2022

Electrical Services

Convergint, a global systems integrator, has acquired Northern California-based security systems integrator Ojo Technology Inc. The deal expands Convergint's West Coast presence and strengthens its capabilities in the state, local, education, and transportation markets.

FTC Solar Acquires China-based HX Tracker

June 14, 2022

Renewable Energy

FTC Solar, Inc. completed the acquisition of HX Tracker, a China-based supplier of single-row (1P) solar tracker systems. The purchase adds a 1P tracker solution optimized for low-labor-cost markets and is intended to accelerate FTC Solar's international expansion across China, the Middle East, Africa and other markets.

Janover Inc. Acquires Groundbreaker Technologies, Inc.

November 20, 2023

Cloud & SaaS

Janover Inc. (Nasdaq: JNVR) acquired Groundbreaker Technologies, Inc., a profitable SaaS platform that helps commercial real estate professionals raise equity capital and manage investors. The deal adds an equity funding capability to Janover’s loan marketplace, shifting a larger portion of revenue toward predictable subscription income and expanding the company’s fintech product suite.

JOX Energy LLC Acquires EnergyWare LLC

September 25, 2020

Energy

JOX Energy LLC acquired EnergyWare LLC in a strategic acquisition announced Sept. 25, 2020. The deal brings EnergyWare's national energy-efficiency capabilities (including solar and HVAC project design, financing and implementation) under JOX Energy to expand service offerings and support customer growth.