Add-on Acquisition • Environmental

QSAM Biosciences Acquires Environmental Turnkey Solutions

On June 20, 2017, QSAM Biosciences acquired environmental company Environmental Turnkey Solutions

Acquisition Context
  • This is QSAM Biosciences’ 2nd transaction in the Environmental sector.
  • This is QSAM Biosciences’ 2nd transaction in the United States.
  • This is QSAM Biosciences’ 1st transaction in Florida.

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M&A Deal Summary

Date June 20, 2017
Target Environmental Turnkey Solutions
Sector Environmental
Buyer(s) QSAM Biosciences
Deal Type Add-on Acquisition

Target Company

Environmental Turnkey Solutions

Naples, Florida, United States
Environmental Turnkey Solutions LLC is one of the largest green waste hauling and compost manufacturing companies in Florida, with operations that span the state's west coast and plans to expand into two new facilities.
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Buyer Overview 1

Buyer

QSAM Biosciences

Austin, Texas, United States

Category Company
Founded 2004
Sector Renewable Energy
DESCRIPTION

QSAM Biosciences is a provider of waste management services for small-scale waste water treatment plants and other producers of methane and organic waste. Its current pilot staged combined heat and power (CHP) technology can be deployed with minimal time and expense at thousands of small-scale facilities that must dispose of waste such as methane, biogas and other used fuels at increasingly greater costs and regulatory burdens. QSAM Biosciences was founded in 2004 and is based in Austin, Texas.


Deal Context for Buyer #
Overall 2 of 2
Sector: Environmental 2 of 2
Type: Add-on Acquisition 2 of 2
State: Florida 1 of 1
Country: United States 2 of 2
Year: 2017 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-17 ERTH Products

Tyrone, Georgia, United States

ERTH Products LLC specializes in organic waste recovery, compost manufacturing, sales and marketing of mulch and soil products and in the engineering of specialty soils for storm water management, water conservation and sustainable building projects.

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