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Singlepoint Inc. Announces Acquisition Of Premium Solar Epc The Boston Solar Company, Llc With Projected $25 Million In 2022 Revenue

PRIVATEApr 26, 2022

Acquiring Company

SinglePoint Inc.

Acquired Company

The Boston Solar Company

PhoenixEnergySustainabilityNatural ResourcesRenewable EnergyEnergySustainabilityNatural ResourcesSoftware

Description

SinglePoint, Inc. (OTCQB:SING) ("SinglePoint'' or "the Company''), a renewable energy and sustainable solutions provider, is pleased to announce the closing of The Boston Solar Company, LLC ("Boston Solar") acquisition. Boston Solar is a leading solar installer based in Massachusetts, booking $17.7m in revenue for FY2021. It is estimating revenues of at least $25m in 2022, with more than $16m already contracted and in the installation pipeline. Boston Solar is the first of multiple acquisitions the company intends to close this year. Closing this acquisition starts the timeline for SinglePoint to start its up-listing application process to achieve the goal of a NASDAQ listing in 2022.

Quick answer

SinglePoint Inc. is acquiring The Boston Solar Company for $25 million, announced April 26, 2022. SinglePoint Inc. is based in Phoenix, Arizona, United States.

How much did SinglePoint Inc. pay for The Boston Solar Company?
The reported deal value is $25 million.
What does SinglePoint Inc. do?
SinglePoint Inc. is a renewable energy and sustainable lifestyle company focused on providing environmentally friendly energy efficiencies and healthy living solutions.
Where are SinglePoint Inc. and The Boston Solar Company based?
SinglePoint Inc. is based in Phoenix, Arizona, United States.
Who are the decision-makers at SinglePoint Inc?
Fundz holds 1 contact at SinglePoint Inc. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

SinglePoint Inc.

Location

Phoenix, Arizona, United States

About

SinglePoint Inc. is a renewable energy and sustainable lifestyle company focused on providing environmentally friendly energy efficiencies and healthy living solutions. SinglePoint is initially focused on building the largest network of renewable energy solutions and modernizing the traditional solar and energy storage model. The Company is also actively exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies and appliances that enhance sustainability and a healthier life.

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Frequently asked

Who acquired The Boston Solar Company?

The Boston Solar Company was acquired by SinglePoint Inc., based in Phoenix. The deal was reported on April 26, 2022. SinglePoint Inc. is a renewable energy and sustainable lifestyle company focused on providing environmentally friendly energy efficiencies and healthy living solutions. SinglePoint Inc. is privately held and operates in Energy.

When did SinglePoint Inc. acquire The Boston Solar Company?

SinglePoint Inc.'s acquisition of The Boston Solar Company was reported on April 26, 2022. SinglePoint, Inc. (OTCQB:SING) ("SinglePoint'' or "the Company''), a renewable energy and sustainable solutions provider, is pleased to announce the closing of The Boston Solar Company, LLC ("Boston Solar") acquisition. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does The Boston Solar Company do?

Boston Solar, a Proud Partner of the Boston Red Sox, has installed more than 5,000 residential and commercial solar systems powering thousands of homes and businesses in New England, predominantly Massachusetts, since its founding in 2011. It is privately held, operating in Energy.

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