Sub-Surface Waste Management’s parent company, U.S. Microbics, announced that it has hired two consulting firms for assistance in the acquisition of U.S.-based environmental companies. New acquisitions will provide domestic revenues that balance the current revenues being generated though Sub-Surface Waste Management.
The consulting firm’s job responsibilities will include identifying acquisition candidates, performing due diligence, and providing acquisition financing and integration into the U.S. Microbics family of environmental companies.
Robert Brehm, CEO of U.S. Microbics, commented that new consultants have already presented several candidates and that the company is currently reviewing them. The company’s goal is to acquire $5 Million to $20 Million in revenue to balance the expected near term revenue foreseen in Latin America over the next 12-24 months.
In conclusion he stated, “We would like to be able to complete at least one acquisition before the end of our fiscal year in September and our acquisition team is working hard to accomplish this task.”
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