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$2.2 Billion

Shoals Technologies Group

Initial Public Offering

Co-Manager, January 2021

Shoals Technologies Group

Shoals is a leading provider of electrical balance of system or “EBOS” solutions for solar energy projects in the United States. EBOS encompasses all components necessary to carry the electric current produced by solar panels to an inverter and ultimately to the power grid. EBOS components are mission-critical products that have a high consequence of failure, including lost revenue, equipment damage, fire damage, and even serious injury or death. As a result, Shoals believes customers prioritize reliability and safety over price when selecting EBOS solutions.