Syracuse, IN / GlobeNewswire / April 5, 2021 / Znergy, Inc. (OTC: ZNRG) (the ”Company”) a leading provider of new LED lighting and turnkey LED lighting conversions for businesses, is pleased to announce its acquisition of Quantum Energy, LLC, which has a 47-year history in lighting sales and installation specializing in LED conversions for businesses. The acquisition is expected to result in greater efficiencies and further increase Znergy’s nationwide market share.
Znergy Chief Executive Officer, Dave Baker, commented, “The combination was formed to strengthen our geographic market in the northwestern United States and Canada allowing greater access. The integration of both companies will take place over the next few months.”
Quantum Energy has an extensive B2B book of business across most U.S. business segments, including Fortune 500 companies, state municipalities, universities, and companies in Canada. Under the terms of the agreement Znergy, Inc. will acquire the assets of Quantum Energy, LLC. without issuing any new Znergy shares.
About Znergy, Inc.
Znergy, Inc. (OTC: ZNRG) is a leading provider of energy-efficient lighting products, lighting controls, and energy management solutions. Management is executing a growth strategy through acquisitions, developing large regional and national accounts, and rolling out sales and installation teams across the United States. Znergy provides the most Commonsense Cost Reduction program available to businesses today. Our solutions enable customers to reduce energy consumption, lower maintenance costs, and realize environmental benefits. Join us in making our planet greener while saving businesses money every day. For more information see www.ZnergyWorld.com
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