We represented Shoals Technologies Group in the investment made by funds managed by the Power Opportunities group of Oaktree Capital Management. The investment will help the company expand its international business on its current portfolio, in addition to joining the energy-storage market. Terms of the investment were not publicly disclosed.
Shoals Technologies Group is a leading manufacturer of balance of systems solutions. With over 25 GW of BOS products deployed globally, Shoals maintains a diverse portfolio of solar balance of systems products, including, combiner/re-combiner boxes, disconnecting combiner boxes, custom harnessing solutions, junction boxes, wire, in-line fuses, racking and monitoring solutions.
Oaktree is a leading global investment manager specializing in alternative investments, with over $100 billion in assets under management as of March 31, 2017.