Lelantos Holdings to Acquire Eco Management Systems and Announces New Board of Directors Appointment
ACquisition of Eco Management Systems
Our mission has always been to expand the use of renewable energy to as many households and commercial establishments as possible. We are always looking for forward-thinking solutions and strategic partnerships to adapt to the dynamic landscape of commercial solar, residential solar, microgrid design, energy storage architecture, and EV supercharging. So, it only made sense to pursue an acquisition of Eco Management Systems.
Eco Management Systems. “Eco” or “Eco Management” is a full-service commercial and residential solar contractor (“EPC”), that is licensed in Arizona, California, Illinois, and Texas, with its primary corporate headquarters located in Scottsdale, Arizona. This new addition to Lelantos Energy will allow us to greatly expand operations, including the introduction of a residential solar program, and directly install Company projects in the states where Eco is licensed. COO of Lelantos Holdings, Joshua Weaver, says, “This acquisition provides us a pivotal component to realize the goal of vertical integration within the renewable energy space. Eco’s reputation as a high-quality and well-respected EPC stands by itself and I am excited for the value that this relationship brings to Lelantos as a whole.”
The acquisition directly benefits the Company in the following (but not limited to) ways:
Multiplies the Company’s top-line revenue on all collaborative projects 5X-10X.
Provides the Company with direct access to all of Eco’s nationwide finance arms, including top solar lenders such as Sunnova.
Provides the Company with direct access to all of Eco’s preferred industry-best pricing with nationwide renewable energy equipment vendors such as CED Greentech, BayWa r.e., ABC Supply CO., and many others.
Direct licenses to operate in four (4) large solar markets, which allows for strict quality control, greater cost savings, larger margins, and better results. The direct licenses also enable the Company to bring on its own sales groups in each market to generate leads and sales pipelines.
Empowers the company with the ability to easily expand into new markets.
Leverages more than a decade of high-level performance and experience in the solar industry.
Announcing the Addition of Sean Land to the Board of Directors
We are proud to announce the addition of Sean Land to the Board of Directors. Mr. Land has been a key figure in the residential, commercial, and industrial solar space for the past three years. As a skilled specialist in relationship management and business development, Sean has expanded the national business network of a publicly traded solar company and significantly increased the company's growth. His network of relationships was pivotal in the recent acquisition of Eco Management by Lelantos.
To list a few of his many accomplishments, Sean has built a 300-plus residential dealer network, sourced and managed a residential installation network in 42 states, and sourced the pipeline for $300mm in commercial projects in 2022. Sean’s skill, expertise, and network of relationships in the renewable energy space make him the perfect addition to our Board of Directors. Mr. Land States, “I am proud to become a member of the Board and am excited to see what the future holds for the Company.”
Read the full press release.