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United States Procurement News Notice - 90111


Procurement News Notice

PNN 90111
Work Detail The Awareness Group (TAG) (trading as Freedom Holdings), $FHLD, an emerging national leader in solar energy services and financing solutions and creator of the TAG GRID, today announced the acquisition of Renewable Energy Products Manufacturing Corp. (REPM), a leading provider of innovative commercial solar energy solutions. This strategic move is expected to integrate seamlessly into the TAG GRID and significantly enhances TAGs renewable energy capabilities, reinforcing the companys commitment to sustainable energy development. Pablo Diaz, CEO and Founder of The Awareness Group Commented: The acquisition of REPM will enable TAG to accelerate its commercial solar strategy. Its expertise will enhance our business development, lead generation and sales capabilities, while its state-of-the-art technology and innovative approaches will further TAGs sustainability efforts and technological advancements in the commercial space. Acquiring REPM represents a significant milestone in our mission to lead the transition to a sustainable energy future. REPMs innovative approach to solar energy solutions complements our existing portfolio and strengthens our ability to deliver comprehensive renewable energy projects under the TAG GRID. REPM, headquartered in Collingswood, New Jersey, brings 44 years of combined energy experience. Its comprehensive services include funding, maintenance and monitoring for residential, commercial and non-profit sectors. The company has a proven track record with over 1,000 installations across 16 states contributing to a total of 2 gigawatts of solar power. This acquisition is expected to yield substantial benefits, including: Expanded Expertise: Leveraging REPMs 44 years of combined energy experience to enhance TAGs growth profile and ability to serve as the guarantor of TAG GRID projects nationwide. Commercial Market Expansion: Provides TAG with immediate access to broader markets across 16 states. Innovative Solutions: Integrating REPMs advanced solar panel technologies and innovative approaches to bolster TAGs sustainability efforts and technological advancements. Financial Growth: Tapping into REPMs existing pipeline and commitment of future business to generate significant financial gains from new revenue streams. Commitment to Sustainability: Reinforcing TAGs dedication to creating a sustainable future through innovative solutions and state-of-the-art technology. TAGs Proven M&A Strategy Fuels Growth and Innovation Diaz continued, Corporate development initiatives such as M&A are the final piece to our growth strategy. With this acquisition, weve now acquired six companies to form our foundational assets, which are now plugged into the TAG GRID – including a licensed solar EPC (Engineering, Procurement and Construction) in the South/Southwest, Candela Coin/RexCoin, Southwest Financial (now TAG Financial Services), which funding and support services for TAG GRID projects, and Manicorn Productions, which we believe will be a powerful lead generation platform with access to tens of millions of potential customers. The TAG team also helps its acquisitions with strategic growth and operational planning to drive future success for all parties. The acquisition of REPM is the latest milestone in TAGs highly effective M&A strategy, which is designed to enhance the TAG GRID and drive exponential growth across its portfolio. TAG has strategically acquired six companies to date, each selected for their ability to strengthen TAGs position and accelerate its mission to transform the renewable energy industry. TAGs M&A Strategy: A Blueprint for Success TAGs acquisition model is focused on identifying and integrating strategic assets or companies that complement the TAG GRID or provide unique technologies. Acquisitions are structured to ensure alignment and long-term value creation, with TAG initially purchasing a controlling interest and acquiring the remainder based on a pre-determined EBITDA multiple after 12 months. TAG Acquisition Criteria TAG seeks companies that meet the following criteria: A successful company that has reached a growth plateau. Owners looking for a growth partner to scale their business. Each acquisition must bring strategic growth benefits to the TAG GRID. TAGs proprietary growth platforms must demonstrate the potential to deliver 3-5X growth. All executives must remain with the company for at least 18 months and contribute a minimum of 15 hours per week to corporate efforts. All executives and staff are required to transition onto payroll through one of TAGs entities. Benefits of Being Acquired by TAG TAGs acquisitions are designed to position companies for rapid growth and sustained success, offering: Strategic planning to identify and unlock growth opportunities. Access to strategic capital to finance growth initiatives. Operational expertise to support scaling efforts. Advanced technology to enhance productivity and efficiency. Sales and lead generation capabilities to drive revenue. This disciplined and growth-focused approach ensures TAGs acquisitions seamlessly integrate into the TAG GRID, delivering measurable value to investors, partners and customers. The acquisition of REPM reflects this strategy in action, providing immediate market expansion, innovative technologies and financial growth opportunities that align with TAGs vision for a sustainable energy future. By leveraging its proven M&A strategy, TAG continues to expand its portfolio of assets and technologies, reinforcing its leadership in the solar energy and financing space while driving long-term value creation for all stakeholders.
Country United States , Northern America
Industry Energy & Power
Entry Date 10 Feb 2025
Source https://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=1045731

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