DEEP GREEN Waste & Recycling Agrees to Acquire Tennessee Junk King Franchises as First Acquisition of 2025
MWN-AI** Summary
DEEP GREEN Waste & Recycling Inc. (OTCQB: DGWR) announced on January 24, 2025, its agreement to acquire Franklin Tucker Corporation, which operates three Junk King franchises across central Tennessee. This acquisition marks DGWR's first move of the year and aligns with its strategy of vertical integration in its central Tennessee market, enhancing its existing operations through Lyell Environmental Services, Inc.
According to David Bradford, President of DEEP GREEN, this acquisition is poised to significantly impact the company—doubling its revenue and operating cash flow almost immediately. Bradford estimates potential growth in results of 45-50% in the near term, capitalizing on the customer base that spans over 1.5 million homes and businesses in the Midsouth region.
Bill Edmonds, Chairman and CEO of DEEP GREEN, further emphasized the company's growth-focused strategy. He noted intentions to expand Lyell Environmental Services into key metropolitan markets across Tennessee, Alabama, and Kentucky, while integrating complementary service lines to fuel further growth. Beyond this acquisition, DGWR is actively exploring additional strategic opportunities to bolster revenues and net profits in 2025.
DEEP GREEN Waste & Recycling is dedicated to providing sustainable waste, recycling, and remediation solutions, facilitating cost savings for commercial and residential customers through effective waste management processes. The company aims to enhance its operational efficiencies while ensuring environmental protection and safety.
Overall, this acquisition reflects DEEP GREEN's commitment to strengthening its market position and expanding its service capabilities in the growing waste management sector. For more details, visit DEEP GREEN's website.
MWN-AI** Analysis
DEEP GREEN Waste & Recycling Inc. (OTCQB: DGWR) has taken a significant step by agreeing to acquire the Franklin Tucker Corporation, which operates three Junk King franchises in central Tennessee. This strategic acquisition, announced on January 24, 2025, promises to virtually double DGWR’s revenue and cash flow, making it a pivotal move for the company as it embarks on a growth trajectory this year.
The implications of this acquisition for investors are substantial. By integrating Franklin Tucker’s franchises, DEEP GREEN gains immediate access to a customer base across over 1.5 million homes and businesses in its service region, enhancing its competitive edge in the recycling and waste management sector. David Bradford, President of the company, notes that the move not only doubles existing revenues but provides a unique opportunity for further growth, projecting an increase of 45-50% in the near term.
Investors should take note of the company’s aggressive expansion strategy, particularly as Bill Edmonds, Chairman and CEO, indicates that additional acquisitions are on the table for 2025. This could position DEEP GREEN as a dominant player in the Southeast waste management market, particularly as it extends its geographical footprint into Tennessee, Alabama, and Kentucky.
However, potential investors should remain cautious and consider the risks. The forward-looking statements in the company’s release reflect inherent uncertainties in operational execution, market conditions, and external economic factors. While the expansion signifies strong growth potential, it is essential to evaluate DGWR’s ability to manage additional acquisitions and maintain its service quality.
Overall, for investors looking at DEEP GREEN, this acquisition signifies a pivotal growth avenue, but careful consideration of the associated risks and projected returns is necessary before committing capital.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Acquisition Will Expand Depth of Market and Virtually Double DGWR Revenue and Cash Flow
Hermitage, Tennessee, Jan. 24, 2025 (GLOBE NEWSWIRE) -- DEEP GREEN Waste & Recycling Inc. (OTCQB DGWR), a waste, recycling and remediation services company for commercial and residential customers, today announces that it has agreed to purchase all the outstanding and issued stock of Franklin Tucker Corporation. Franklin Tucker owns and operates three large Junk King franchises covering all of central Tennessee.
“As our first acquisition of 2025, Franklin Tucker is the perfect kickoff addition for the year. The Junk King franchises owned by Franklin Tucker are a natural and highly compatible vertical integration for DGWR in our Lyell Environmental Services, Inc. central Tennessee market with significant opportunities for additional territorial expansion," said David Bradford, President of DEEP GREEN. "This acquisition will provide an immediate doubling of revenue and operating cash flow for DGWR with opportunities to ramp up results by 45-50% and beyond over the near term. This is a great fit for us for concentration and enhancement of services over the 1.5 million homes and businesses in our midsouth footprint."
Bill Edmonds, Chairman and CEO of DEEP GREEN added: “Our management team is focused on rapidly accelerating Lyell Environmental Services’ geographic expansion into attractive metro markets across Tennessee, Alabama and Kentucky while adding complementary service lines to drive growth. Beyond DGWR’s acquisition of Franklin Tucker Corporation and its Junk King franchises, DEEP GREEN is evaluating and vetting additional strategic acquisition opportunities for 2025 to further accelerate the growth of DEEP GREEN’s revenues and net profits”.
About DEEP GREEN Waste & Recycling, Inc.
DEEP GREEN Waste & Recycling, Inc. (OTCQB:DGWR) is a waste, recycling and remediation services company which provides sustainable waste, recycling, and remediation services, and helps commercial, institutional and residential customers realize cost-savings using streamlined processes that help manage, reduce, and recycle waste streams. For more information, visit: https://DeepGreenWaste.com
About Lyell Environmental Services, Inc.
Lyell Environmental Services, Inc. is an established environmental, ecological testing services company based in Nashville, Tennessee. With a strong focus on environmental protection and safety, the company offers a comprehensive range of services for commercial, institutional and residential properties, including environmental studies, hazardous substance testing, remediation, abatement, and removal. For more information, visit: https://www.lyellenvironmentalservices.com/
SAFE HARBOR STATEMENT
This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results or implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
For information, please contact:
Bill Edmonds
DEEP GREEN Waste & Recycling, Inc.
3524 Central Pike, Suite 310
Hermitage, TN 37076
Phone: (912) 254-7889
Email: Investor@DeepGreenWaste.com
FAQ**
How will the acquisition of Franklin Tucker Corporation specifically contribute to the projected doubling of revenue and cash flow for Deep Green Waste & Recycling Inc (DGWR)?
What steps is Deep Green Waste & Recycling Inc (DGWR) taking to capitalize on the anticipated 45-50% ramp-up in results post-acquisition?
Can you elaborate on the specific complementary service lines that Deep Green Waste & Recycling Inc (DGWR) plans to integrate following this acquisition?
What metrics or indicators will Deep Green Waste & Recycling Inc (DGWR) use to evaluate the success of this acquisition and future strategic opportunities in 2025?
**MWN-AI FAQ is based on asking OpenAI questions about Deep Green Waste & Recycling Inc (OTC: DGWR).
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