About Unirac
Unirac is a company based in Albuquerque (United States) founded in 1998 was acquired by Greenbelt Capital in October 2022.. The company has 472 employees as of April 09, 2024. Unirac has completed 1 acquisition, including Ecolibrium Solar. Unirac offers products and services including Solar Mounting Systems, Plan Set Design, and Installer Training Programs. Unirac operates in a competitive market with competitors including GameChange Solar, Pegasus Solar, Esdec Solar Group, Schletter and Sunlink, among others.
- Headquarter Albuquerque, United States
- Employees 472 as on 09 Apr, 2024
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Sectors
Energy & Utilities
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Email
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Phone
*********
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Website
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Social
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- Legal Name Unirac Solar India Llp
- Date of Incorporation 10 Jan, 2020
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Hilti India
& 4 more
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Employee Count
472
as on Apr 09, 2024
- Investments & Acquisitions
- Acquired by
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Products & Services of Unirac
Unirac offers a comprehensive portfolio of products and services, including Solar Mounting Systems, Plan Set Design, and Installer Training Programs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Systems for securing solar panels on various surfaces
Design tools for solar array planning and installation
Programs to train professionals in solar mounting techniques
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Funding Insights of Unirac
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Unirac
Unirac has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Hilti India, Global Environment Fund and Tenex Capital Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments in acquisitions and carve-outs are pursued.
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Founded Year | Domain | Location | |
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Greenbelt Capital Partners is engaged in investment for energy-focused companies.
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Founded Year | Domain | Location | |
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Infrastructure fund focused on energy sector
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Unirac
Unirac has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ecolibrium Solar. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Makes solar mounting structures
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Unirac
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Unirac Comparisons
Competitors of Unirac
Unirac 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 GameChange Solar, Pegasus Solar, Esdec Solar Group, Schletter and Sunlink, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Designer & manufacturer of fixed tilt and tracker solar racking systems
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| domain | founded_year | HQ Location |
Rail-less solar mounting structures are manufactured for residential systems.
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| domain | founded_year | HQ Location |
Rooftop solar racking and mounting systems are manufactured for installations.
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| domain | founded_year | HQ Location |
Solar mounting systems are developed and manufactured by Schletter.
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| domain | founded_year | HQ Location |
Offers solar mounting system
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Unirac
Frequently Asked Questions about Unirac
When was Unirac founded?
Unirac was founded in 1998.
Where is Unirac located?
Unirac is headquartered in Albuquerque, United States. It is registered at Albuquerque, New Mexico, United States.
How many employees does Unirac have?
As of Apr 09, 2024, the latest employee count at Unirac is 472.
What does Unirac do?
Unirac is a provider of infrastructure for solar power systems for utility, commercial and residential installations. The company provides a wide variety of photovoltaic (PV) racking solutions for ground mount, roof mount (tilt and flush) and open structures. Unirac already has over 100,000 installations representing more than 700 MW. Major commercial customers include Google, San Jose Mineta Airport, Wholesale Club, Orange County Convention Center and Minneapolis-St. Paul Convention Center. The company provides its products through distributors in California, New Mexico, New York, Vermont, Arizona, Rhode Island, and Australia, as well as Unirac Canada, a subsidiary. Unirac designs and tests its solutions in Albuquerque, New Mexico, and manufactures them across the United States and in Ontario, Canada. Was acquired by the Global Energy Fund in 2006, later sold to the Hilti Group in 2010.
Who are the top competitors of Unirac?
Unirac's top competitors include Schletter, TerraSmart and GameChange Solar.
What products or services does Unirac offer?
Unirac offers Solar Mounting Systems, Plan Set Design, and Installer Training Programs.
How many acquisitions has Unirac made?
Unirac has made 1 acquisition, including Ecolibrium Solar.
Who are Unirac's investors?
Unirac has 5 investors. Key investors include Hilti India, Global Environment Fund, Tenex Capital Management, Greenbelt Capital Partners, and Trilantic Capital Partners North America.
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