The Awareness Group (TAG) an emerging national leader in solar energy services and financing solutions and creator of the TAG GRID, has 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 TAG’s renewable energy capabilities, reinforcing the company’s 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 TAG’s 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. REPM’s 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.
Mr Diaz continued: “Corporate development initiatives such as M&A are the final piece to our growth strategy. With this acquisition, we’ve 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 TAG’s 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 TAG’s position and accelerate its mission to transform the renewable energy industry.
TAG’s 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.
Read more stories from Inside America here.
