About Shoals
Shoals is a company based in Portland (United States) founded in 1996. The company has 1,290 employees as of December 31, 2024. Shoals offers products and services including Solar Big Lead Assembly Solutions, Wireless Performance Monitoring, Battery Energy Storage Solutions, and Combiners and Recombiners. Shoals operates in a competitive market with competitors including GEESYS Technologies, QC Solar, Nistar, SolarBOS and Jai Sunlight Systems, among others.
- Headquarter Portland, United States
- Employees 1290 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Shoals Technologies Group, Inc.
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Annual Revenue
$399.21 M (USD)-18.35as on Dec 31, 2024
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Net Profit
$24.13 M (USD)-39.64as on Dec 31, 2024
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EBITDA
$63.8 M (USD)-28.77as on Dec 31, 2024
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Latest Funding Round
Not available
- Investors
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Employee Count
1290
as on Dec 31, 2024
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IPO & Listings of Shoals
Shoals is a publicly listed company on the NASDAQ with ticker symbol SHLS in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Shoals
Shoals offers a comprehensive portfolio of products and services, including Solar Big Lead Assembly Solutions, Wireless Performance Monitoring, Battery Energy Storage Solutions, and Combiners and Recombiners.
Assemblies that streamline solar energy installations and reduce labor.
Tools for tracking solar system performance wirelessly and efficiently.
Systems that store energy for solar applications to enhance reliability.
Devices that manage power connections in solar projects safely.
People of Shoals
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Funding Insights of Shoals
Investors in Shoals
Shoals has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Oaktree Capital Management.
| Investor | Description | Founded Year | Domain | Location |
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Real estate fund, infrastructure fund, and private equity firm focused on multiple sectors
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Investor details for Shoals
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by Shoals
Investment portfolio details for Shoals
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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Financial Statements - Shoals
Detailed financials for Shoals
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- Profit trends
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Shoals Comparisons
Peer comparison for Shoals
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Shoals
Shoals operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GEESYS Technologies, QC Solar, Nistar, SolarBOS and Jai Sunlight Systems, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Manufactures high-quality solar combiner boxes and wiring solutions for energy applications.
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Research, development, manufacturing, and sales of photovoltaic systems are provided.
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Cable manufacturer
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Combiner boxes and solar wiring systems are manufactured for projects.
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Manufactures and supplies solar fences, panels, and energy-saving products.
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Detailed competitors of Shoals
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Shoals
Complete news archive for Shoals
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Frequently Asked Questions about Shoals
Shoals was founded in 1996 and raised its 1st funding round 21 years after it was founded.
Shoals is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
As of Dec 31, 2024, the latest employee count at Shoals is 1,290.
Annual revenue of Shoals is $399.21M as on Dec 31, 2024.
The company was founded in 1996 and is headquartered in Portland, United States. Operations focus on the renewable energy sector, particularly photovoltaic balance of systems. Products such as combiner boxes, disconnects, harnesses, junction boxes, in-line fuses, and monitoring solutions are produced. More than 15 GW of systems have been deployed worldwide, with over 68 percent market share held in North America.
Shoals's top competitors include SolarBOS, Jai Sunlight Systems and GEESYS Technologies.
Shoals offers Solar Big Lead Assembly Solutions, Wireless Performance Monitoring, Battery Energy Storage Solutions, and Combiners and Recombiners.
Yes, Shoals is publicly traded on NASDAQ under the ticker symbol SHLS.
Shoals has 1 investor. Key investors include Oaktree Capital Management.
The ticker symbol of Shoals is SHLS on NASDAQ.