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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

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.