Premier Alliance Group, Inc., a professional services company focused on business and technology consulting, announced today a merger with Greenhouse Holdings Inc. to expand their reach in the energy and federal government sectors. Greenhouse Holdings Inc. designs, engineers and installs products that allow companies and organizations to reduce their energy and carbon footprints. Since 2007, Greenhouse Holdings, Inc. has provided clients with energy-efficiency products, energy management systems, eco-friendly infrastructure, scalable bio-fuel and other proprietary technologies and products. GreenHouse reported annual revenues of $6.7 million in 2010.
“GreenHouse is a leader in providing auto demand response (Auto-DR) programs, including energy and technology site assessments, feasibility studies, project development, engineering, and the installation of its energy-efficient enabling technologies. Year-to-date, GreenHouse Holdings has been awarded a number of million-dollar contracts, which can result in additional revenues streams and added shareholder value upon the close of our merger,” said Mark Elliott, Premier Alliance CEO in a press release on Tuesday.
Greenhouse Holdings Inc. was cited by QualityStocks recently as “One to Watch” due to its successful international deployment of sustainable solutions, eco-friendly infrastructure and energy production systems. Greenhouse was also recognized for its ability to earn contracts with the U.S. government due to their experience in developing customized infrastructure and interactive training suites. With the U.S. Army’s recent declaration that it will work with the private sector to plan and deploy renewable energy projects on Army lands, Greenhouse is uniquely positioned to support this initiative.
“To have access to the additional expertise of Premier’s people will be a tremendous benefit to our clients. Premier’s knowledge base, growth strategy and clients are completely in line with ours,” said John Galt, CEO of GreenHouse, in the merger announcement release.
Premier Alliance Group provides knowledge based expertise to help businesses deal with organizational change brought about by such things as funding challenges, changes in governance, impact of the economic slowdown or shifting markets. Its clients span the sectors from government, financial services, utilities to healthcare, biotechnology and life sciences.
For more information, please visit www.premieralliance.com
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