Deal closed Dec 2003 · Tulsa, Okla.
American Resource Management acquires Efficiency Technologies for 40M shares
Energy holding company American Resource Management acquired Efficiency Technologies, developer of a web-based chiller energy-management service, for 40 million shares of common stock. Corporate strategic M&A, not a PE home-service roll-up.
“American Resource Management Inc. announced that it has acquired Efficiency Technologies Inc., a Nevada corporation, for 40 million shares of common stock.”
Entities
American Resource Management Inc. · Acquirer Efficiency Technologies Inc. · Target
Other
Source: www.achrnews.com
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