Nextracker Acquires Bentek Corporation
May 14, 2025
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.
- Buyers
- Nextracker
- Targets
- Bentek Corporation
- Industry
- Manufacturing
- Location
- California, United States
- Transaction Type
- Buyout
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