Gibraltar Acquires TerraSmart and Sunfig, Expanding Solar Portfolio

January 4, 2021
Posted in Featured, News
January 4, 2021 TerraSmart

Gibraltar Expands Solar Capabilities

BUFFALO, N.Y.–(BUSINESS WIRE)–Jan. 4, 2021– Gibraltar Industries, Inc. (Nasdaq: ROCK), a leader in the renewable energy, conservation, residential, industrial and infrastructure markets, today announced the further expansion of its solar energy portfolio through the acquisitions of TerraSmart and Sunfig.

TerraSmart is the leading provider of screw-based, ground-mount solar racking technology, and Sunfig is a provider of software solutions that optimize solar energy investments through upstream design, performance, and financial modeling.

“Equally important, this continued investment demonstrates our ongoing commitment to making solar energy the best choice in energy production. We are very excited to have the TerraSmart and Sunfig teams join Gibraltar and help us advance our vision of creating meaningful value for our people, our communities and our shareholders,” said President and Chief Executive Officer Bill Bosway.

For over 10 years, TerraSmart has strived to provide exceptional service and the most innovative products in the ground-mount solar industry.  Today we are excited to announce that TerraSmart has been acquired by Gibraltar Industries, Inc., a leading manufacturer and provider of solar-racking solutions. Forged together, the two companies will be able to yield the most comprehensive portfolio of solar racking solutions available to any customer, in any region and on any terrain.

TerraSmart remains entirely committed to its customers, partners and employees, and will continue to create sustainable and relevant solutions for all. For more information, visit Gibraltar.com.

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